Magnus Precision Manufacturing INC
$632,500 PPP Loan in Phelps, New York
Loan Details
- Loan Number
- 8533107010
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $632,500
- Current Approval
- $632,500
- Forgiveness Amount
- $636,049
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnus Precision Manufacturing INC
- Address
- 1912 State Route 96
- City
- Phelps
- State
- New York
- ZIP Code
- 14532-9705
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 48
- Estimated Revenue
- $11.7M
- Rural/Urban
- Rural
- Congressional District
- NY-24
Loan Use Breakdown
- Payroll
- $632,500
Lender Information
- Servicing Lender
- The North Side Bank and Trust Company
- Originating Lender
- The North Side Bank and Trust Company
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