PPP Loan information for Magnum transport

$112,200

Magnum transport was initially approved for PPP Loan of amount $112,200, the current approved amount is $112,200. The loan was approved on 04/09/2020 by The Commerce Bank reported 6 jobs and $112,200 was used to fund payroll.

Magnum transport is Existing or more than 2 years old

MAGNUM TRANSPORT

Date Approved

04/09/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MAGNUM TRANSPORT

Borrower Address

7875 I 76 Frontage Rd

Borrower City

HENDERSON

Borrower State

CO

Borrower Zip

80640

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112200.00

Current Approval Amount

112200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HENDERSON

Project County Name

ADAMS

Project State

CO

Project Zip

80640-0001

CD

CO-08

Jobs Reported

6

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

500.00

Payroll Proceed

106400.00

Mortgage Interest Proceed

0.00

Rent Proceed

5300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113353.17

Forgiveness Date

04/22/2021

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