Date Approved
01/19/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
MAGNUM MANAGEMENT INC.
Borrower Address
2516 Peet Rd
Borrower City
New Lothrop
Borrower State
MI
Borrower Zip
48460-9619
Loan Status Date
11/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
77500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
378002
Servicing Lender Name
1st State Bank
Servicing Lender Address
4800 Fashion Square Blvd, Ste 100
Servicing Lender City
SAGINAW
Servicing Lender State
Servicing Lender Zip
48604-2619
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
MI-04
Jobs Reported
7
NAICS Code
484110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
78029.58
Forgiveness Date
10/15/2021