Magnum Electric INC

$56,800 PPP Loan in Columbus, Nebraska

Loan Details

Loan Number
5417818300
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$56,800
Current Approval
$56,800
Forgiveness Amount
$57,065
Forgiveness Date
Jul 21, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnum Electric INC
Address
23922 308th Ave
ZIP Code
68601-6106
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NE-01

Loan Use Breakdown

Payroll
$56,797
Utilities
$1

Lender Information

Servicing Lender
Cornerstone Bank
Originating Lender
Cornerstone Bank

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