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Magnum Solvent INC

$180,000 PPP Loan in Kalkaska, Michigan

Loan Details

Loan Number
2155208409
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$180,000
Current Approval
$180,000
Forgiveness Amount
$180,917
Forgiveness Date
Aug 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnum Solvent INC
Address
470 Magnum Dr NE
City
Kalkaska
State
Michigan
ZIP Code
49646-8346
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424690)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$179,998
Utilities
$1

Lender Information

Servicing Lender
State Savings Bank
Originating Lender
State Savings Bank

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