PPP Loan information for Magnum equipment

$154,553

Magnum equipment was initially approved for PPP Loan of amount $154,553, the current approved amount is $154,553. The loan was approved on 03/29/2021 by The The Huntington National Bank reported 10 jobs and $154,553 was used to fund payroll.

Magnum equipment is Existing or more than 2 years old

PPP Loan Search / MI / Hudsonville / Magnum equipment

MAGNUM EQUIPMENT

Date Approved

03/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MAGNUM EQUIPMENT

Borrower Address

3443 Highland Dr

Borrower City

Hudsonville

Borrower State

MI

Borrower Zip

49426-1915

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154552.50

Current Approval Amount

154552.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hudsonville

Project County Name

OTTAWA

Project State

MI

Project Zip

49426-1915

CD

MI-02

Jobs Reported

10

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154552.50

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155729.64

Forgiveness Date

01/13/2022

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