Current business record

MAGNUM STEEL WORKS, INC

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$350,000–1 million
Filed business name
MAGNUM STEEL WORKS, INC
Approval date
Apr 3, 2020
Initial approval amount
$886,500.00
Current approval amount
$886,500.00
Loan status
Paid in Full (Apr 1, 2021)
Forgiveness amount
$894,660.66
Jobs reported
87
Address
200 SHILOH DR
MOUNT VERNON, IL 62864-8347
Lender
Peoples National Bank, National Association
NAICS code
333249
Business type
Subchapter S Corporation
Congressional district
IL-12

Loan 2

$350,000–1 million
Filed business name
MAGNUM STEEL WORKS INC.
Approval date
Jan 22, 2021
Initial approval amount
$694,872.50
Current approval amount
$694,872.50
Loan status
Paid in Full (Aug 5, 2021)
Forgiveness amount
$698,299.27
Jobs reported
50
Address
200 Shiloh Dr
Mount Vernon, IL 62864-8347
Lender
Peoples National Bank, National Association
NAICS code
339999
Business type
Subchapter S Corporation
Congressional district
IL-12