Magnum Drywall, INC

$10,000,000 PPP Loan in Fremont, California

Loan Details

Loan Number
6616357207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$10,115,000
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnum Drywall, INC
Address
42027 Boscell Rd
ZIP Code
94538
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (212321)
Business Age
Existing or more than 2 years old
Jobs Reported
408
Estimated Revenue
$24.8M
Rural/Urban
Urban
Congressional District
CA-14

Loan Use Breakdown

Payroll
$7,500,000
Utilities
$1,250,000
Mortgage Interest
$1,250,000

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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