Magnum Appliances, Inc.

$182,512 PPP Loan in Margate, Florida

Loan Details

Loan Number
6300177107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$182,512
Current Approval
$182,512
Forgiveness Amount
$184,439
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnum Appliances, Inc.
Address
1348 N State Road 7
State
Florida
ZIP Code
33063-2843
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811412)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
FL-23

Loan Use Breakdown

Payroll
$136,884
Utilities
$45,628

Lender Information

Servicing Lender
Banesco USA
Originating Lender
Banesco USA

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