# PPP loan: MAGNUM CONSTRUCTION MANAGEMENT, LLC
> **$2.39M** approved 04/07/2020 · Paid in Full · Loan `7663617003`
## Borrower
- **Name:** MAGNUM CONSTRUCTION MANAGEMENT, LLC
- **Address:** 6201 SW 70TH STREET, SOUTH MIAMI, FL, 33143-4712
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.39M
- **Initial approval:** $2.39M
- **Forgiven:** $2.42M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.79M
- **Utilities:** $597K
- **Jobs reported:** 145
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*