PPP Loan information for Magnum mud equipment co., inc.

$800,900

Magnum mud equipment co., inc. was initially approved for PPP Loan of amount $800,900, the current approved amount is $800,900. The loan was approved on 04/13/2020 by The Synergy Bank reported 31 jobs and $800,900 was used to fund payroll.

Magnum mud equipment co., inc. is Existing or more than 2 years old

PPP Loan Search / LA / HOUMA / Magnum mud equipment co., inc.

MAGNUM MUD EQUIPMENT CO., INC.

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MAGNUM MUD EQUIPMENT CO., INC.

Borrower Address

1973 HIGHWAY 182

Borrower City

HOUMA

Borrower State

LA

Borrower Zip

70364-3935

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

800900.00

Current Approval Amount

800900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123463

Servicing Lender Name

Synergy Bank

Servicing Lender Address

210 Synergy Center Blvd

Servicing Lender City

HOUMA

Servicing Lender State

LA

Servicing Lender Zip

70360-1768

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUMA

Project County Name

TERREBONNE

Project State

LA

Project Zip

70364-3935

CD

LA-01

Jobs Reported

31

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

670900.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

65000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123463

Originating Lender

Synergy Bank

Originating Lender City

HOUMA

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

810243.83

Forgiveness Date

06/11/2021

;