PPP borrower record
MAGNUM ELECTRIC, INC. PPP loan record
Public SBA PPP loan record for MAGNUM ELECTRIC, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$53,400
Approved amount
$53,944
Forgiven amount
2020-05-01
Date approved
Borrower and loan details
Borrower
MAGNUM ELECTRIC, INC.
Loan number
8978267701
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Saxonburg
Borrower state
Pennsylvania
Borrower ZIP
16056
Jobs reported
3
Loan status
Paid in Full
Forgiveness date
2021-05-13
Servicing lender
Citizens Bank, National Association
Originating lender
Citizens Bank, National Association
Reported use of proceeds
Payroll
$53,400
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.