Magnet Sales & Mfg. Co., Inc.

$829,400 PPP Loan in Culver City, California

Loan Details

Loan Number
2684457206
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$829,400
Current Approval
$829,400
Forgiveness Amount
$838,984
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnet Sales & Mfg. Co., Inc.
Address
11250 Playa Court
ZIP Code
90230-6127
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
$19.3M
Rural/Urban
Urban
Congressional District
CA-37

Loan Use Breakdown

Payroll
$757,806
Debt Interest
$71,594

Lender Information

Servicing Lender
Smbc Manubank
Originating Lender
Smbc Manubank

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