Magnum Electrical Contractors INC
$15,840 PPP Loan in Brainerd, Minnesota
Loan Details
- Loan Number
- 6362338305
- Date Approved
- Jan 26, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $15,840
- Current Approval
- $15,840
- Forgiveness Amount
- $15,991
- Forgiveness Date
- Jan 6, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Magnum Electrical Contractors INC
- Address
- 522 11th Ave NE
- City
- Brainerd
- State
- Minnesota
- ZIP Code
- 56401-2856
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 3
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $15,839
- Utilities
- $1
Lender Information
- Servicing Lender
- First Western Bank & Trust
- Originating Lender
- First Western Bank & Trust
Other PPP Loans in Brainerd, MN
| Business | Approved | |
|---|---|---|
| Thelen Heating & Roofing, Inc. | $2,060,100 |  AI Deep Dive |
| Madden Brothers, Inc. | $1,982,218 | AI Deep Dive |
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| Gcp II INC | $1,331,700 | AI Deep Dive |
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