PPP Loan information for Magnum collision center, inc

$528,600

Magnum collision center, inc was initially approved for PPP Loan of amount $528,600, the current approved amount is $528,600. The loan was approved on 04/15/2020 by The Wallis Bank reported 50 jobs and $528,600 was used to fund payroll.

Magnum collision center, inc is Existing or more than 2 years old

PPP Loan Search / GA / MARIETTA / Magnum collision center, inc

MAGNUM COLLISION CENTER, INC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAGNUM COLLISION CENTER, INC

Borrower Address

1445 FIELD PARK CIR

Borrower City

MARIETTA

Borrower State

GA

Borrower Zip

30066-5946

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

528600.00

Current Approval Amount

528600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARIETTA

Project County Name

COBB

Project State

GA

Project Zip

30066-5946

CD

GA-11

Jobs Reported

50

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

66075.00

Payroll Proceed

396450.00

Mortgage Interest Proceed

0.00

Rent Proceed

66075.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

533592.33

Forgiveness Date

04/08/2021

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