PPP Loan information for Magnuson corp.

$40,700

Magnuson corp. was initially approved for PPP Loan of amount $40,700, the current approved amount is $40,700. The loan was approved on 02/03/2021 by The Frandsen Bank & Trust reported 5 jobs and $40,700 was used to fund payroll.

Magnuson corp. is Existing or more than 2 years old

MAGNUSON CORP.

Date Approved

02/03/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

MAGNUSON CORP.

Borrower Address

13365W W County Road B

Borrower City

Hayward

Borrower State

WI

Borrower Zip

54843-4180

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40700.00

Current Approval Amount

40700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hayward

Project County Name

SAWYER

Project State

WI

Project Zip

54843-4180

CD

WI-07

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40698.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40898.48

Forgiveness Date

08/10/2021

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