PPP Loan information for Magnum automotive, inc.

$37,500

Magnum automotive, inc. was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 05/10/2020 by The Citibank, N.A. reported 4 jobs and $37,500 was used to fund payroll.

Magnum automotive, inc. is Existing or more than 2 years old

PPP Loan Search / NY / Woodside / Magnum automotive, inc.

MAGNUM AUTOMOTIVE, INC.

Date Approved

05/10/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MAGNUM AUTOMOTIVE, INC.

Borrower Address

37-27 57 Street

Borrower City

Woodside

Borrower State

NY

Borrower Zip

11377

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Woodside

Project County Name

QUEENS

Project State

NY

Project Zip

11377-0001

CD

NY-14

Jobs Reported

4

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

33324.05

Forgiveness Date

03/07/2022

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