PPP Loan information for Magnum boating, inc.

$24,528

Magnum boating, inc. was initially approved for PPP Loan of amount $24,528, the current approved amount is $24,528. The loan was approved on 04/27/2020 by The Freedom First FCU reported 5 jobs and $24,528 was used to fund payroll.

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

MAGNUM BOATING, INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MAGNUM BOATING, INC.

Borrower Address

16700 Moneta Road

Borrower City

MONETA

Borrower State

VA

Borrower Zip

24121

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24527.50

Current Approval Amount

24527.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107359

Servicing Lender Name

Freedom First FCU

Servicing Lender Address

5240 Valleypark Dr

Servicing Lender City

ROANOKE

Servicing Lender State

VA

Servicing Lender Zip

24019-3002

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONETA

Project County Name

BEDFORD

Project State

VA

Project Zip

24121-0001

CD

VA-09

Jobs Reported

5

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24527.50

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

Corporation

Originating Lender Location Id

107359

Originating Lender

Freedom First FCU

Originating Lender City

ROANOKE

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24716.23

Forgiveness Date

02/02/2021

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