PPP Loan information for Magnum tool corp

$98,732

Magnum tool corp was initially approved for PPP Loan of amount $98,732, the current approved amount is $98,732. The loan was approved on 03/12/2021 by The The Huntington National Bank reported 9 jobs and $98,732 was used to fund payroll.

Magnum tool corp is Existing or more than 2 years old

MAGNUM TOOL CORP

Date Approved

03/12/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

MAGNUM TOOL CORP

Borrower Address

1407 Stanley Ave

Borrower City

Dayton

Borrower State

OH

Borrower Zip

45404-1110

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98732.00

Current Approval Amount

98732.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dayton

Project County Name

MONTGOMERY

Project State

OH

Project Zip

45404-1110

CD

OH-10

Jobs Reported

9

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

98732.00

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

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99097.17

Forgiveness Date

07/30/2021

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