Mag Wealth Management, LLC
$120,400 PPP Loan in Paynesville, Minnesota
Loan Details
- Loan Number
- 5579197006
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $120,400
- Current Approval
- $150,800
- Forgiveness Amount
- $151,957
- Forgiveness Date
- Jan 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mag Wealth Management, LLC
- Address
- 203 Washburne Ave Suite 200
- City
- Paynesville
- State
- Minnesota
- ZIP Code
- 56362-1604
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Finance and Insurance (523930)
- Business Age
- Change of Ownership
- Jobs Reported
- 10
- Estimated Revenue
- $5.1M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $138,400
- Rent
- $10,000
- Utilities
- $2,400
Lender Information
- Servicing Lender
- Magnifi Financial Cu
- Originating Lender
- Magnifi Financial Cu
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