PPP Loan information for Magnum hospitality, inc.

$921,145

Magnum hospitality, inc. was initially approved for PPP Loan of amount $921,145, the current approved amount is $921,145. The loan was approved on 04/13/2020 by The Fifth Third Bank reported 147 jobs and $921,145 was used to fund payroll.

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

MAGNUM HOSPITALITY, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAGNUM HOSPITALITY, INC.

Borrower Address

5112 US HIGHWAY 31

Borrower City

WILLIAMSBURG

Borrower State

MI

Borrower Zip

49690

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

921145.00

Current Approval Amount

921145.00

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

49690-0001

CD

MI-01

Jobs Reported

147

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

921145.00

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

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

931866.10

Forgiveness Date

06/16/2021

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