PPP Loan information for Magnum electronics inc

$280,803

Magnum electronics inc was initially approved for PPP Loan of amount $280,803, the current approved amount is $280,803. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 19 jobs and $280,803 was used to fund payroll.

Magnum electronics inc is Existing or more than 2 years old

PPP Loan Search / DE / DOVER / Magnum electronics inc

MAGNUM ELECTRONICS INC

Date Approved

05/01/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

MAGNUM ELECTRONICS INC

Borrower Address

927 HORSEPOND RD

Borrower City

DOVER

Borrower State

DE

Borrower Zip

19901

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

280803.00

Current Approval Amount

280803.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DOVER

Project County Name

KENT

Project State

DE

Project Zip

19901-1200

CD

DE-

Jobs Reported

19

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

280803.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

284780.40

Forgiveness Date

10/06/2021

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