# PPP loan: MAGNUM EQUIPMENT LLC
> **$155K** approved 05/01/2020 · Paid in Full · Loan `1090717809`
## Borrower
- **Name:** MAGNUM EQUIPMENT LLC
- **Address:** 3443 Highland Dr, Hudsonville, MI, 49426
- **NAICS:** 532299
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 9
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*