PPP Loan information for Magnum motors inc.

$99,393

Magnum motors inc. was initially approved for PPP Loan of amount $99,393, the current approved amount is $99,393. The loan was approved on 04/28/2020 by The First National Bank Alaska reported 6 jobs and $99,393 was used to fund payroll.

Magnum motors inc. is Existing or more than 2 years old

MAGNUM MOTORS INC.

Date Approved

04/28/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

MAGNUM MOTORS INC.

Borrower Address

1960 E Industrial Drive

Borrower City

WASILLA

Borrower State

AK

Borrower Zip

99654

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99392.98

Current Approval Amount

99392.98

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3386

Servicing Lender Name

First National Bank Alaska

Servicing Lender Address

101 W 36th Ave

Servicing Lender City

ANCHORAGE

Servicing Lender State

AK

Servicing Lender Zip

99503-5904

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASILLA

Project County Name

MATANUSKA SUSITNA

Project State

AK

Project Zip

99654-0001

CD

AK-

Jobs Reported

6

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

99392.98

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

3386

Originating Lender

First National Bank Alaska

Originating Lender City

ANCHORAGE

Originating Lender State

AK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93999.39

Forgiveness Date

12/28/2020

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