PPP Loan information for Magnum excavating inc

$62,477

Magnum excavating inc was initially approved for PPP Loan of amount $62,477, the current approved amount is $62,477. The loan was approved on 02/01/2021 by The U.S. Bank, National Association reported 5 jobs and $62,477 was used to fund payroll.

Magnum excavating inc is Existing or more than 2 years old

MAGNUM EXCAVATING INC

Date Approved

02/01/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

MAGNUM EXCAVATING INC

Borrower Address

6727 164th St SE

Borrower City

Snohomish

Borrower State

WA

Borrower Zip

98296-8788

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62477.00

Current Approval Amount

62477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Snohomish

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98296-8788

CD

WA-01

Jobs Reported

5

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62477.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62893.51

Forgiveness Date

10/04/2021

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