Magnum Electric, Inc.
$2,000,000 PPP Loan in West Fargo, North Dakota
Loan Details
- Loan Number
- 5086818501
- Date Approved
- Feb 27, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,017,889
- Forgiveness Date
- Jan 21, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Magnum Electric, Inc.
- Address
- 471 Christianson Dr
- City
- West Fargo
- State
- North Dakota
- ZIP Code
- 58078-8304
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 187
- Estimated Revenue
- $61.5M
- Rural/Urban
- Urban
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $1,999,999
- Utilities
- $1
Lender Information
- Servicing Lender
- First International Bank & Trust
- Originating Lender
- First International Bank & Trust
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