Magnum Electric Service INC

$180,000 PPP Loan in Richland, Washington

Loan Details

Loan Number
7865588502
Date Approved
Mar 8, 2021
Loan Status
Paid in Full
Initial Approval
$180,000
Current Approval
$180,000
Forgiveness Amount
$181,405
Forgiveness Date
Dec 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magnum Electric Service INC
Address
1537 Fowler St
ZIP Code
99352-4733
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
WA-04

Loan Use Breakdown

Payroll
$179,995
Utilities
$1

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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