Magnum Elecrical Contractors INC

$8,700 PPP Loan in Brainerd, Minnesota

Loan Details

Loan Number
1754137108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$8,700
Current Approval
$8,700
Forgiveness Amount
$8,770
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnum Elecrical Contractors INC
Address
522 11th Ave
ZIP Code
56401-2856
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$8,700

Lender Information

Servicing Lender
First Western Bank & Trust
Originating Lender
First Western Bank & Trust

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