Magnum Contracting, Inc.
$872,000 PPP Loan in Fargo, North Dakota
Loan Details
- Loan Number
- 7019757009
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $872,000
- Current Approval
- $872,000
- Forgiveness Amount
- $877,495
- Forgiveness Date
- Dec 2, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnum Contracting, Inc.
- Address
- 4686 13th Ave
- City
- Fargo
- State
- North Dakota
- ZIP Code
- 58102-2874
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (236220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 73
- Estimated Revenue
- $83.2M
- Rural/Urban
- Urban
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $610,400
- Rent
- $130,800
- Utilities
- $43,600
- Mortgage Interest
- $87,200
Lender Information
- Servicing Lender
- Aspire Bank
- Originating Lender
- Aspire Bank
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