Magnum Insurance Agency Co., Inc.
$2,092,000 PPP Loan in Des Plaines, Illinois
Loan Details
- Loan Number
- 9183667007
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,092,000
- Current Approval
- $2,092,000
- Forgiveness Amount
- $2,120,543
- Forgiveness Date
- Sep 1, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnum Insurance Agency Co., Inc.
- Address
- 2250 E Devon, Suite 329
- City
- Des Plaines
- State
- Illinois
- ZIP Code
- 60018
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Finance and Insurance (524298)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 236
- Estimated Revenue
- $103.8M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $2,092,000
Lender Information
- Servicing Lender
- Bmo Bank National Association
- Originating Lender
- Bmo Bank National Association
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