Magnum Manufacturing, Inc.

$481,860 PPP Loan in Erin, Tennessee

Loan Details

Loan Number
8560207000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$481,860
Current Approval
$481,860
Forgiveness Amount
$488,391
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnum Manufacturing, Inc.
Address
251 Mobley Ln
City
Erin
ZIP Code
37061-5044
Business Type
Corporation
Industry (NAICS)
Manufacturing (332119)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$9.8M
Rural/Urban
Rural
Congressional District
TN-07

Loan Use Breakdown

Payroll
$481,860

Lender Information

Servicing Lender
First Bank of the Lake
Originating Lender
First Bank of the Lake

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