# PPP loan: MAGNUM MANUFACTURING, INC.
> **$482K** approved 04/08/2020 · Paid in Full · Loan `8560207000`
## Borrower
- **Name:** MAGNUM MANUFACTURING, INC.
- **Address:** 251 MOBLEY LN, ERIN, TN, 37061-5044
- **NAICS:** 332119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $488K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $482K
- **Jobs reported:** 40
## Lender
- **Originating:** First Bank of the Lake
- **Servicing:** First Bank of the Lake (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*