PPP Loan information for Magnum construction company, inc.

$263,271

Magnum construction company, inc. was initially approved for PPP Loan of amount $263,271, the current approved amount is $263,271. The loan was approved on 04/07/2020 by The Horizon Bank reported 27 jobs and $263,271 was used to fund payroll.

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

PPP Loan Search / MI / MIDLAND / Magnum construction company, inc.

MAGNUM CONSTRUCTION COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAGNUM CONSTRUCTION COMPANY, INC.

Borrower Address

3500 Centennial Drive

Borrower City

MIDLAND

Borrower State

MI

Borrower Zip

48642-6935

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

263271.00

Current Approval Amount

263271.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

MI

Project Zip

48642-6935

CD

MI-04

Jobs Reported

27

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

52654.20

Payroll Proceed

210616.80

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

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

264901.12

Forgiveness Date

11/30/2020

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