PPP Loan information for Magnum electric, inc

$104,400

Magnum electric, inc was initially approved for PPP Loan of amount $104,400, the current approved amount is $104,400. The loan was approved on 04/10/2020 by The The Pueblo Bank and Trust Company reported 11 jobs and $104,400 was used to fund payroll.

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

PPP Loan Search / CO / PUEBLO / Magnum electric, inc

MAGNUM ELECTRIC, INC

Date Approved

04/10/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MAGNUM ELECTRIC, INC

Borrower Address

611 East 6th Street

Borrower City

PUEBLO

Borrower State

CO

Borrower Zip

81003

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104400.00

Current Approval Amount

104400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15691

Servicing Lender Name

The Pueblo Bank and Trust Company

Servicing Lender Address

301 W 5th St

Servicing Lender City

PUEBLO

Servicing Lender State

CO

Servicing Lender Zip

81003-3157

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PUEBLO

Project County Name

PUEBLO

Project State

CO

Project Zip

81003-1000

CD

CO-03

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104400.00

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

Subchapter S Corporation

Originating Lender Location Id

15691

Originating Lender

The Pueblo Bank and Trust Company

Originating Lender City

PUEBLO

Originating Lender State

CO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

104982.90

Forgiveness Date

11/03/2020

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