The Magni Group, Inc.

$749,500 PPP Loan in Birmingham, Michigan

Loan Details

Loan Number
8017937201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$749,500
Current Approval
$749,500
Forgiveness Amount
$758,806
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Magni Group, Inc.
Address
390 Park St Suite 300
ZIP Code
48009-3400
Business Type
Corporation
Industry (NAICS)
Manufacturing (325510)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$32.7M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$749,500

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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