Magnum Machining LLC

$180,000 PPP Loan in Richmond, Illinois

Loan Details

Loan Number
1553628309
Date Approved
Jan 17, 2021
Loan Status
Paid in Full
Initial Approval
$180,000
Current Approval
$180,000
Forgiveness Amount
$180,885
Forgiveness Date
Jul 19, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnum Machining LLC
Address
11427 Commercial St Unit 22
ZIP Code
60071-9110
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$179,996
Utilities
$1

Lender Information

Servicing Lender
American Commercial Bank & Trust, National Association
Originating Lender
American Commercial Bank & Trust, National Association

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