Magnum System Inc.

$1,268,025 PPP Loan in Parsons, Kansas

Loan Details

Loan Number
3526087201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,268,025
Current Approval
$1,268,025
Forgiveness Amount
$1,275,281
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnum System Inc.
Address
2205 Jothi Ave
State
Kansas
ZIP Code
67357
Business Type
Corporation
Industry (NAICS)
Manufacturing (333993)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$22.3M
Rural/Urban
Rural
Congressional District
KS-02

Loan Use Breakdown

Payroll
$1,268,025

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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