Magnum Construction Company, Inc.

$263,271 PPP Loan in Midland, Michigan

Loan Details

Loan Number
7263847003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$263,271
Current Approval
$263,271
Forgiveness Amount
$264,901
Forgiveness Date
Nov 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnum Construction Company, Inc.
Address
3500 Centennial Drive
ZIP Code
48642-6935
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238120)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$6.2M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$210,617
Utilities
$52,654

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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