PPP Loan information for Magnum pool and spa service, inc.

$44,700

Magnum pool and spa service, inc. was initially approved for PPP Loan of amount $44,700, the current approved amount is $44,700. The loan was approved on 04/15/2020 by The Old National Bank reported 4 jobs and $44,700 was used to fund payroll.

Magnum pool and spa service, inc. is New Business or 2 years or less

PPP Loan Search / MN / ELK RIVER / Magnum pool and spa service, inc.

MAGNUM POOL AND SPA SERVICE, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAGNUM POOL AND SPA SERVICE, INC.

Borrower Address

20044 ZANE STREET NW

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44700.00

Current Approval Amount

44700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-0001

CD

MN-06

Jobs Reported

4

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44700.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45060.05

Forgiveness Date

02/19/2021

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