PPP Loan information for Magnum construction, inc.

$347,400

Magnum construction, inc. was initially approved for PPP Loan of amount $347,400, the current approved amount is $347,400. The loan was approved on 04/06/2020 by The Mabrey Bank reported 35 jobs and $347,400 was used to fund payroll.

Magnum construction, inc. is Existing or more than 2 years old

MAGNUM CONSTRUCTION, INC.

Date Approved

04/06/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

MAGNUM CONSTRUCTION, INC.

Borrower Address

2501 N HEMLOCK CT

Borrower City

BROKEN ARROW

Borrower State

OK

Borrower Zip

74012-1102

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

347400.00

Current Approval Amount

347400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58781

Servicing Lender Name

Mabrey Bank

Servicing Lender Address

14821 S Memorial

Servicing Lender City

BIXBY

Servicing Lender State

OK

Servicing Lender Zip

74008-3743

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROKEN ARROW

Project County Name

TULSA

Project State

OK

Project Zip

74012-1102

CD

OK-01

Jobs Reported

35

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260550.00

Mortgage Interest Proceed

0.00

Rent Proceed

86850.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58781

Originating Lender

Mabrey Bank

Originating Lender City

BIXBY

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

349561.60

Forgiveness Date

11/24/2020

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