PPP Loan information for Magnum enterprises inc.

$255,188

Magnum enterprises inc. was initially approved for PPP Loan of amount $255,188, the current approved amount is $255,188. The loan was approved on 01/23/2021 by The Atlantic Union Bank reported 89 jobs and $255,188 was used to fund payroll.

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

PPP Loan Search / VA / Suffolk / Magnum enterprises inc.

MAGNUM ENTERPRISES INC.

Date Approved

01/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MAGNUM ENTERPRISES INC.

Borrower Address

1024 Centerbrooke Lane 1024 Centerbrooke Lane

Borrower City

Suffolk

Borrower State

VA

Borrower Zip

23434

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

255188.00

Current Approval Amount

255188.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Suffolk

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23434

CD

VA-03

Jobs Reported

89

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

255188.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

257924.18

Forgiveness Date

02/16/2022

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