Magnum Power LLC

$2,608,512 PPP Loan in Kelso, Washington

Loan Details

Loan Number
1077277106
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,608,512
Current Approval
$2,608,512
Forgiveness Amount
$2,638,582
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnum Power LLC
Address
3458 N Pacific Ave
City
Kelso
ZIP Code
98626
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
97
Estimated Revenue
$31.9M
Rural/Urban
Urban
Congressional District
WA-03

Loan Use Breakdown

Payroll
$1,956,385
Utilities
$652,127

Lender Information

Servicing Lender
Riverview Bank
Originating Lender
Riverview Bank

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