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Magnum Magnetics Corporation

$2,248,800 PPP Loan in Marietta, Ohio

Loan Details

Loan Number
5552937003
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,248,800
Current Approval
$2,248,800
Forgiveness Amount
$2,273,474
Forgiveness Date
May 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnum Magnetics Corporation
Address
801 Masonic Park Road
City
Marietta
State
Ohio
ZIP Code
45750-9357
Business Type
Corporation
Industry (NAICS)
Manufacturing (334613)
Business Age
Existing or more than 2 years old
Jobs Reported
177
Estimated Revenue
$46.3M
Rural/Urban
Rural
Congressional District
OH-06

Loan Use Breakdown

Payroll
$2,248,800

Lender Information

Servicing Lender
First National Bank of Pennsylvania
Originating Lender
First National Bank of Pennsylvania

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