PPP Loan information for Magnum contracting, llc

$778,400

Magnum contracting, llc was initially approved for PPP Loan of amount $746,200, the current approved amount is $778,400. The loan was approved on 04/03/2020 by The Community Bank of Pickens County reported 72 jobs and $778,400 was used to fund payroll.

Magnum contracting, llc is Existing or more than 2 years old

PPP Loan Search / GA / JASPER / Magnum contracting, llc

MAGNUM CONTRACTING, LLC

Date Approved

04/03/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAGNUM CONTRACTING, LLC

Borrower Address

2 Mountain Park DR. W

Borrower City

JASPER

Borrower State

GA

Borrower Zip

30143-6256

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

746200.00

Current Approval Amount

778400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

201331

Servicing Lender Name

Community Bank of Pickens County

Servicing Lender Address

15 Sammy McGhee Blvd

Servicing Lender City

JASPER

Servicing Lender State

GA

Servicing Lender Zip

30143-4098

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JASPER

Project County Name

PICKENS

Project State

GA

Project Zip

30143-6256

CD

GA-11

Jobs Reported

72

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

778400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

201331

Originating Lender

Community Bank of Pickens County

Originating Lender City

JASPER

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

784691.18

Forgiveness Date

02/03/2021

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