Magnet, LLC
$3,900,298 PPP Loan in Washington, Missouri
Loan Details
- Loan Number
- 9328957002
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,900,298
- Current Approval
- $3,900,200
- Forgiveness Amount
- $3,817,289
- Forgiveness Date
- Jul 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Magnet, LLC
- Address
- 7 Chamber Dr
- City
- Washington
- State
- Missouri
- ZIP Code
- 63090-5258
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (339999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 225
- Estimated Revenue
- $62.8M
- Rural/Urban
- Rural
- Congressional District
- MO-02
Loan Use Breakdown
- Payroll
- $3,900,200
Lender Information
- Servicing Lender
- Arvest Bank
- Originating Lender
- Arvest Bank
Other PPP Loans in Washington, MO
| Business | Approved | |
|---|---|---|
| Melton Machine & Control Company | $3,672,000 |  Research |
| Clementina-Clemco Holdings, Inc. | $2,392,900 | Research |
| Frick's Meat Products, Inc. | $2,292,400 | Research |
| Melton Machine & Control Company | $2,000,000 | Research |
| Magnet LLC | $2,000,000 | Research |
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