Magnum Machining Incorporated
$530,945 PPP Loan in Deerwood, Minnesota
Loan Details
- Loan Number
- 2127848307
- Date Approved
- Jan 20, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $530,945
- Current Approval
- $530,945
- Forgiveness Amount
- $528,936
- Forgiveness Date
- Feb 1, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Magnum Machining Incorporated
- Address
- 20959 State Highway 6
- City
- Deerwood
- State
- Minnesota
- ZIP Code
- 56444-8550
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 45
- Estimated Revenue
- $11.0M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $530,945
Lender Information
- Servicing Lender
- Bremer Bank, National Association
- Originating Lender
- Bremer Bank, National Association
Other PPP Loans in Deerwood, MN
| Business | Approved | |
|---|---|---|
| Rice Lake Contracting Corp. | $4,551,900 |  Research |
| 1898 Management LLC | $567,000 | Research |
| Ruttger's Bay Lake Lodge, Inc. | $550,000 | Research |
| Magnum Machining Incorporated | $530,900 | Research |
| Northland Smiles Corporation PA | $334,800 | Research |
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