Magnum Steel Works Inc.
$694,873 PPP Loan in Mount Vernon, Illinois
Loan Details
- Loan Number
- 3775688310
- Date Approved
- Jan 22, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $694,873
- Current Approval
- $694,873
- Forgiveness Amount
- $698,299
- Forgiveness Date
- Jul 27, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Magnum Steel Works Inc.
- Address
- 200 Shiloh Dr
- City
- Mount Vernon
- State
- Illinois
- ZIP Code
- 62864-8347
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 50
- Estimated Revenue
- $14.0M
- Rural/Urban
- Rural
- Congressional District
- IL-12
Loan Use Breakdown
- Payroll
- $694,870
- Utilities
- $1
Lender Information
- Servicing Lender
- Peoples National Bank, National Association
- Originating Lender
- Peoples National Bank, National Association
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