PPP Loan information for Magnum logistics

$48,654

Magnum logistics was initially approved for PPP Loan of amount $48,654, the current approved amount is $48,654. The loan was approved on 02/25/2021 by The PNC Bank, National Association reported 6 jobs and $48,654 was used to fund payroll.

Magnum logistics is Existing or more than 2 years old

MAGNUM LOGISTICS

Date Approved

02/25/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

MAGNUM LOGISTICS

Borrower Address

1719 Humble Place Dr

Borrower City

Humble

Borrower State

TX

Borrower Zip

77338-5276

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48654.00

Current Approval Amount

48654.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Humble

Project County Name

HARRIS

Project State

TX

Project Zip

77338-5276

CD

TX-18

Jobs Reported

6

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48653.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49025.66

Forgiveness Date

12/02/2021

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