PPP borrower record

MAGNUM STEEL WORKS INC. PPP loan record

Public SBA PPP loan record for MAGNUM STEEL WORKS INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$694,873
Approved amount
N/A
Forgiven amount
2021-01-22
Date approved

Borrower and loan details

Borrower
MAGNUM STEEL WORKS INC.
Loan number
3775688310
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Mount Vernon
Borrower state
Illinois
Borrower ZIP
62864
Jobs reported
50
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Peoples National Bank, National Association
Originating lender
Peoples National Bank, National Association

Reported use of proceeds

Payroll
$694,870
Rent
N/A
Utilities
$1
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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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.