PPP Loan information for Magnuson, inc.

$34,786

Magnuson, inc. was initially approved for PPP Loan of amount $34,786, the current approved amount is $34,786. The loan was approved on 04/27/2020 by The Bremer Bank, National Association reported 12 jobs and $34,786 was used to fund payroll.

Magnuson, inc. is Existing or more than 2 years old

PPP Loan Search / MN / PRINCETON / Magnuson, inc.

MAGNUSON, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAGNUSON, INC.

Borrower Address

2752 75TH AVENUE

Borrower City

PRINCETON

Borrower State

MN

Borrower Zip

55371

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34786.00

Current Approval Amount

34786.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

MILLE LACS

Project State

MN

Project Zip

55371-0001

CD

MN-06

Jobs Reported

12

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

34777.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

9.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24941.51

Forgiveness Date

12/17/2020

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