PPP Loan information for Magnum hospitality inc.

$1,615,408

Magnum hospitality inc. was initially approved for PPP Loan of amount $1,615,408, the current approved amount is $1,615,408. The loan was approved on 01/22/2021 by The Fifth Third Bank reported 93 jobs and $1,615,408 was used to fund payroll.

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

PPP Loan Search / MI / Williamsburg / Magnum hospitality inc.

MAGNUM HOSPITALITY INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MAGNUM HOSPITALITY INC.

Borrower Address

5112 US Highway 31 N

Borrower City

Williamsburg

Borrower State

MI

Borrower Zip

49690-9316

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1615407.50

Current Approval Amount

1615407.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williamsburg

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49690-9316

CD

MI-01

Jobs Reported

93

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1615401.50

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1625503.80

Forgiveness Date

09/15/2021

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