Magnum Tool INC
$17,295 PPP Loan in New Baltimore, Michigan
Loan Details
- Loan Number
- 8309177407
- Date Approved
- May 18, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $17,295
- Current Approval
- $17,295
- Forgiveness Amount
- $17,422
- Forgiveness Date
- Mar 1, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnum Tool INC
- Address
- 51620 Birch St
- City
- New Baltimore
- State
- Michigan
- ZIP Code
- 48047
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 2
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $17,295
Lender Information
- Servicing Lender
- The Huntington National Bank
- Originating Lender
- The Huntington National Bank
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|---|---|---|
| Transnav Technologies INC | $3,930,000 |  AI Deep Dive |
| Delta Industrial Group | $1,984,900 | AI Deep Dive |
| Argus Group Holdings, LLC | $1,730,140 | AI Deep Dive |
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