Magnussen Brothers, Inc.

$48,000 PPP Loan in Newell, Iowa

Loan Details

Loan Number
2791147202
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$48,000
Current Approval
$48,000
Forgiveness Amount
$48,304
Forgiveness Date
Dec 7, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnussen Brothers, Inc.
Address
1945 560th St
City
Newell
State
Iowa
ZIP Code
50568-7539
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$48,000

Lender Information

Servicing Lender
United Bank of Iowa
Originating Lender
United Bank of Iowa

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