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Rich Magnus Excavating

$18,693 PPP Loan in Clare, Michigan

Loan Details

Loan Number
3699827207
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$18,693
Current Approval
$18,693
Forgiveness Amount
$18,811
Forgiveness Date
Dec 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rich Magnus Excavating
Address
9790 Beaverton Rd
City
Clare
State
Michigan
ZIP Code
48617-9693
Business Type
Sole Proprietorship
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$16,250
Utilities
$2,443

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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