Magnum Powder Coating INC

$115,697 PPP Loan in Comstock Park, Michigan

Loan Details

Loan Number
4623068601
Date Approved
Mar 18, 2021
Loan Status
Paid in Full
Initial Approval
$115,697
Current Approval
$115,697
Forgiveness Amount
$116,296
Forgiveness Date
Oct 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnum Powder Coating INC
Address
5500 West River Dr NE
ZIP Code
49321-8914
Business Type
Cooperative
Industry (NAICS)
Manufacturing (332812)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$115,691
Utilities
$1

Lender Information

Servicing Lender
Choiceone Bank
Originating Lender
Choiceone Bank

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