PPP Loan information for Magnum construction inc.

$41,637

Magnum construction inc. was initially approved for PPP Loan of amount $41,637, the current approved amount is $41,637. The loan was approved on 03/20/2021 by The Four Corners Community Bank reported 4 jobs and $41,637 was used to fund payroll.

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

PPP Loan Search / CO / Cortez / Magnum construction inc.

MAGNUM CONSTRUCTION INC.

Date Approved

03/20/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

MAGNUM CONSTRUCTION INC.

Borrower Address

25103 Road L.4

Borrower City

Cortez

Borrower State

CO

Borrower Zip

81321-9703

Loan Status Date

07/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41636.87

Current Approval Amount

41636.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124345

Servicing Lender Name

Four Corners Community Bank

Servicing Lender Address

500 W Main St, Ste 101

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-8447

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cortez

Project County Name

MONTEZUMA

Project State

CO

Project Zip

81321-9703

CD

CO-03

Jobs Reported

4

NAICS Code

238990

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41630.87

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

124345

Originating Lender

Four Corners Community Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41899.24

Forgiveness Date

11/10/2021

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