Magnet Maintenance Electrical, LLC

$73,700 PPP Loan in Champaign, Illinois

Loan Details

Loan Number
2109847405
Date Approved
May 5, 2020
Loan Status
Charged Off
Initial Approval
$73,700
Current Approval
$73,700
Forgiveness Amount
$33,083
Forgiveness Date
Feb 25, 2021
Term
9 months
Draw
First Draw

Business Information

Business Name
Magnet Maintenance Electrical, LLC
Address
1012 Hollycrest Dr
ZIP Code
61821
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Unanswered
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$55,275
Rent
$18,425

Lender Information

Servicing Lender
Busey Bank
Originating Lender
Busey Bank

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