Magnum Rotating and Pumps, Inc.

$55,635 PPP Loan in O Fallon, Illinois

Loan Details

Loan Number
4423807107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$55,635
Current Approval
$55,635
Forgiveness Amount
$56,072
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnum Rotating and Pumps, Inc.
Address
1127 Frontage Rd
ZIP Code
62269-8026
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811118)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$38,398
Rent
$10,400
Utilities
$1,443
Health Care
$5,394

Lender Information

Servicing Lender
Bank of O'fallon
Originating Lender
Bank of O'fallon

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