PPP Loan information for Magnum management inc

$120,500

Magnum management inc was initially approved for PPP Loan of amount $120,500, the current approved amount is $120,500. The loan was approved on 06/20/2020 by The Celtic Bank Corporation reported 10 jobs and $120,500 was used to fund payroll.

Magnum management inc is Existing or more than 2 years old

MAGNUM MANAGEMENT INC

Date Approved

06/20/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAGNUM MANAGEMENT INC

Borrower Address

1397 Buford Business Blvd S-100

Borrower City

Buford

Borrower State

GA

Borrower Zip

30518--

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120500.00

Current Approval Amount

120500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Buford

Project County Name

GWINNETT

Project State

GA

Project Zip

30518-0001

CD

GA-09

Jobs Reported

10

NAICS Code

492210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120500.00

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

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121599.36

Forgiveness Date

05/24/2021

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