Magna Machining, Inc.
$239,780 PPP Loan in Richfield, North Carolina
Loan Details
- Loan Number
- 2155707301
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $239,780
- Current Approval
- $239,780
- Forgiveness Amount
- $242,684
- Forgiveness Date
- Dec 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magna Machining, Inc.
- Address
- 111 3rd Park Dr
- City
- Richfield
- State
- North Carolina
- ZIP Code
- 28137
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- $5.6M
- Rural/Urban
- Rural
- Congressional District
- NC-08
Loan Use Breakdown
- Payroll
- $239,780
Lender Information
- Servicing Lender
- Pinnacle Bank
- Originating Lender
- Pinnacle Bank
Other PPP Loans in Richfield, NC
| Business | Approved | |
|---|---|---|
| B.r.s. Inc. | $1,143,000 |  AI Deep Dive |
| Magna Machining Inc. | $239,780 | AI Deep Dive |
| Bushwackers Landscaping, LLC | $237,218 | AI Deep Dive |
| Industrial Products, Conveyors & Drives, Inc. | $218,693 | AI Deep Dive |
| Gwr, Inc. | $160,213 | AI Deep Dive |
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