Magnum Electronics INC

$280,803 PPP Loan in Dover, Delaware

Loan Details

Loan Number
4767827705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$280,803
Current Approval
$280,803
Forgiveness Amount
$284,780
Forgiveness Date
Oct 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnum Electronics INC
Address
927 Horsepond Rd
City
Dover
ZIP Code
19901
Business Type
Corporation
Industry (NAICS)
Retail Trade (453998)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$280,803

Lender Information

Servicing Lender
Wells Fargo Bank, National Association
Originating Lender
Wells Fargo Bank, National Association

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