PPP Loan information for Magnum collision center inc

$462,680

Magnum collision center inc was initially approved for PPP Loan of amount $462,680, the current approved amount is $462,680. The loan was approved on 04/02/2021 by The Cross River Bank reported 24 jobs and $462,680 was used to fund payroll.

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

MAGNUM COLLISION CENTER INC

Date Approved

04/02/2021

SBA Office Code

0405

Processing Method

PPS

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

04/17/2021

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

462680.00

Current Approval Amount

462680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

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

24

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

462677.00

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

Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;