PPP Loan information for Magnum drywall, inc

$10,000,000

Magnum drywall, inc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/28/2020 by The PNC Bank, National Association reported 408 jobs and $10,000,000 was used to fund payroll.

Magnum drywall, inc is Existing or more than 2 years old

PPP Loan Search / CA / FREMONT / Magnum drywall, inc

MAGNUM DRYWALL, INC

Date Approved

04/28/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

MAGNUM DRYWALL, INC

Borrower Address

42027 Boscell Rd

Borrower City

FREMONT

Borrower State

CA

Borrower Zip

94538

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREMONT

Project County Name

ALAMEDA

Project State

CA

Project Zip

94538-0001

CD

CA-14

Jobs Reported

408

NAICS Code

212321

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1250000.00

Payroll Proceed

7500000.00

Mortgage Interest Proceed

1250000.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10115000.00

Forgiveness Date

06/17/2021

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