PPP Loan information for Magnum logistics, inc.

$361,189

Magnum logistics, inc. was initially approved for PPP Loan of amount $361,189, the current approved amount is $361,189. The loan was approved on 04/15/2020 by The First Merchants Bank reported 15 jobs and $361,189 was used to fund payroll.

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

PPP Loan Search / IN / PLAINFIELD / Magnum logistics, inc.

MAGNUM LOGISTICS, INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MAGNUM LOGISTICS, INC.

Borrower Address

1540 South Perry Road

Borrower City

PLAINFIELD

Borrower State

IN

Borrower Zip

46168

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

361188.52

Current Approval Amount

361188.52

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

46168-0001

CD

IN-04

Jobs Reported

15

NAICS Code

488210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

361188.52

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

365067.59

Forgiveness Date

05/21/2021

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