PPP borrower record

MAGNEY CONSTRUCTION INC PPP loan record

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

$1,040,100
Approved amount
$1,047,150
Forgiven amount
2020-04-11
Date approved

Borrower and loan details

Borrower
MAGNEY CONSTRUCTION INC
Loan number
3195197106
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Chanhassen
Borrower state
Minnesota
Borrower ZIP
55317
Jobs reported
55
Loan status
Paid in Full
Forgiveness date
2020-12-17
Servicing lender
Alerus Financial, National Association
Originating lender
Alerus Financial, National Association

Reported use of proceeds

Payroll
$891,356
Rent
$27,000
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
$121,744

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.