PPP Loan information for Magnum automotive inc

$36,272

Magnum automotive inc was initially approved for PPP Loan of amount $36,272, the current approved amount is $36,272. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $36,272 was used to fund payroll.

Magnum automotive inc is Existing or more than 2 years old

PPP Loan Search / IL / ARLINGTON HEIGHTS / Magnum automotive inc

MAGNUM AUTOMOTIVE INC

Date Approved

04/16/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAGNUM AUTOMOTIVE INC

Borrower Address

2231 E OAKTON ST

Borrower City

ARLINGTON HEIGHTS

Borrower State

IL

Borrower Zip

60005

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36272.00

Current Approval Amount

36272.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON HEIGHTS

Project County Name

COOK

Project State

IL

Project Zip

60005-1000

CD

IL-08

Jobs Reported

4

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1850.00

Payroll Proceed

27200.00

Mortgage Interest Proceed

1767.00

Rent Proceed

5230.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

225

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36744.97

Forgiveness Date

08/10/2021

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