As part of the Paycheck Protection Program MAGNATRANS, LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MAGNATRANS, LLC


Loan Amount	$949,937
BusinessName	MAGNATRANS, LLC
Address	30211 AVENIDA BANDERA
City	RANCHO SANTA MARGARITA
State	CA
Zip	92688
NAICSCode	484220
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	White
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	64
DateApproved	04/06/2020
Lender	Mega Bank
CD	CA-45
BusinessName.clean	MAGNATRANS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MAGNECOMETREL
MAGNESIUM ALLOY PRODUCTS COMPANY
MAGNESS OIL COMPANY
MAGNETSCHULTZ OF AMERICA
MAGNET