Magni Industries, Inc.

$1,461,900 PPP Loan in Birmingham, Michigan

Loan Details

Loan Number
8865697204
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,461,900
Current Approval
$1,461,900
Forgiveness Amount
$1,478,874
Forgiveness Date
Jun 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magni Industries, Inc.
Address
390 Park Street Suite 300
ZIP Code
48009-3400
Business Type
Corporation
Industry (NAICS)
Manufacturing (325510)
Business Age
Existing or more than 2 years old
Jobs Reported
98
Estimated Revenue
$97.2M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,461,900

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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