PPP Loan information for Magnum express inc.

$775,619

Magnum express inc. was initially approved for PPP Loan of amount $775,619, the current approved amount is $775,619. The loan was approved on 04/15/2020 by The First Merchants Bank reported 70 jobs and $775,619 was used to fund payroll.

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

PPP Loan Search / IN / PLAINFIELD / Magnum express inc.

MAGNUM EXPRESS INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MAGNUM EXPRESS INC.

Borrower Address

1540 South PERRY RD

Borrower City

PLAINFIELD

Borrower State

IN

Borrower Zip

46168-7602

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

775619.04

Current Approval Amount

775619.04

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLAINFIELD

Project County Name

HENDRICKS

Project State

IN

Project Zip

46168-7602

CD

IN-04

Jobs Reported

70

NAICS Code

488510

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

775619.04

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

780464.00

Forgiveness Date

12/08/2020

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