PPP Loan information for Magnum steel, llc

$481,000

Magnum steel, llc was initially approved for PPP Loan of amount $481,000, the current approved amount is $481,000. The loan was approved on 04/03/2020 by The Peoples State Bank of Plainview reported 25 jobs and $481,000 was used to fund payroll.

Magnum steel, llc is Existing or more than 2 years old

PPP Loan Search / AZ / SURPRISE / Magnum steel, llc

MAGNUM STEEL, LLC

Date Approved

04/03/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

MAGNUM STEEL, LLC

Borrower Address

17765 W GELDING DR

Borrower City

SURPRISE

Borrower State

AZ

Borrower Zip

85388-7535

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

481000.00

Current Approval Amount

481000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38759

Servicing Lender Name

Peoples State Bank of Plainview

Servicing Lender Address

100 4th Ave SE, Ste 6

Servicing Lender City

PLAINVIEW

Servicing Lender State

MN

Servicing Lender Zip

55964-2502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SURPRISE

Project County Name

MARICOPA

Project State

AZ

Project Zip

85388-7535

CD

AZ-09

Jobs Reported

25

NAICS Code

238120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

298220.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

182780.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38759

Originating Lender

Peoples State Bank of Plainview

Originating Lender City

PLAINVIEW

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

484360.41

Forgiveness Date

12/22/2020

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