PPP Loan information for Magnum management, inc.

$65,000

Magnum management, inc. was initially approved for PPP Loan of amount $65,000, the current approved amount is $65,000. The loan was approved on 04/13/2020 by The 1st State Bank reported 6 jobs and $65,000 was used to fund payroll.

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

PPP Loan Search / MI / NEW LOTHROP / Magnum management, inc.

MAGNUM MANAGEMENT, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAGNUM MANAGEMENT, INC.

Borrower Address

2516 PEET RD

Borrower City

NEW LOTHROP

Borrower State

MI

Borrower Zip

48460-9619

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

65000.00

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

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW LOTHROP

Project County Name

SAGINAW

Project State

MI

Project Zip

48460-9619

CD

MI-04

Jobs Reported

6

NAICS Code

484110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

65390.00

Forgiveness Date

11/27/2020

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