Magnificus Corporation

$3,670,400 PPP Loan in Lanham, Maryland

Loan Details

Loan Number
4946417303
Date Approved
Apr 30, 2020
Loan Status
Exemption 4
Initial Approval
$3,670,400
Current Approval
$3,670,400
Forgiveness Amount
$1,473,249
Forgiveness Date
Oct 22, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Magnificus Corporation
Address
9500 Annapolis Road Suite A7
City
Lanham
ZIP Code
20706-2060
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621111)
Business Age
Existing or more than 2 years old
Jobs Reported
296
Estimated Revenue
$92.9M
Rural/Urban
Urban
Congressional District
MD-04

Loan Use Breakdown

Payroll
$3,670,400

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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