PPP Loan information for Magnus engineered equipment, llc

$247,200

Magnus engineered equipment, llc was initially approved for PPP Loan of amount $247,200, the current approved amount is $247,200. The loan was approved on 04/04/2020 by The The Middlefield Banking Company reported 22 jobs and $247,200 was used to fund payroll.

Magnus engineered equipment, llc is Existing or more than 2 years old

PPP Loan Search / OH / WILLOUGHBY / Magnus engineered equipment, llc

MAGNUS ENGINEERED EQUIPMENT, LLC

Date Approved

04/04/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MAGNUS ENGINEERED EQUIPMENT, LLC

Borrower Address

4500 Beidler Rd.

Borrower City

WILLOUGHBY

Borrower State

OH

Borrower Zip

44094-4602

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247200.00

Current Approval Amount

247200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57805

Servicing Lender Name

The Middlefield Banking Company

Servicing Lender Address

15985 E High St

Servicing Lender City

MIDDLEFIELD

Servicing Lender State

OH

Servicing Lender Zip

44062

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLOUGHBY

Project County Name

LAKE

Project State

OH

Project Zip

44094-4602

CD

OH-14

Jobs Reported

22

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

247200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57805

Originating Lender

The Middlefield Banking Company

Originating Lender City

MIDDLEFIELD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

249583.96

Forgiveness Date

04/02/2021

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