PPP Loan information for Magnum industrial power, llc

$82,731

Magnum industrial power, llc was initially approved for PPP Loan of amount $82,731, the current approved amount is $82,731. The loan was approved on 04/28/2020 by The Verimore Bank reported 6 jobs and $82,731 was used to fund payroll.

Magnum industrial power, llc is Existing or more than 2 years old

PPP Loan Search / MO / LAWSON / Magnum industrial power, llc

MAGNUM INDUSTRIAL POWER, LLC

Date Approved

04/28/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

MAGNUM INDUSTRIAL POWER, LLC

Borrower Address

7108 SE US HWY 69

Borrower City

LAWSON

Borrower State

MO

Borrower Zip

64062

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82730.95

Current Approval Amount

82730.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119096

Servicing Lender Name

Verimore Bank

Servicing Lender Address

300 W Lockling

Servicing Lender City

BROOKFIELD

Servicing Lender State

MO

Servicing Lender Zip

64628-2305

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAWSON

Project County Name

RAY

Project State

MO

Project Zip

64062-0011

CD

MO-06

Jobs Reported

6

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10341.37

Payroll Proceed

62048.21

Mortgage Interest Proceed

10341.37

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

119096

Originating Lender

Verimore Bank

Originating Lender City

BROOKFIELD

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83550.43

Forgiveness Date

06/10/2021

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