Magnum Manufacturing, Inc.

$505,491 PPP Loan in Erin, Tennessee

Loan Details

Loan Number
3113398307
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$505,491
Current Approval
$505,491
Forgiveness Amount
$511,150
Forgiveness Date
Mar 22, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnum Manufacturing, Inc.
Address
251 Mobley Ln
City
Erin
ZIP Code
37061-5044
Business Type
Corporation
Industry (NAICS)
Manufacturing (336370)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$14.9M
Rural/Urban
Rural
Congressional District
TN-07

Loan Use Breakdown

Payroll
$505,489
Utilities
$1

Lender Information

Servicing Lender
First Bank of the Lake
Originating Lender
First Bank of the Lake

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