As part of the Paycheck Protection Program MAGNET, 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.

MAGNET, LLC


Loan Amount	$3,900,200
BusinessName	MAGNET, LLC
Address	7 CHAMBER DR
City	WASHINGTON
State	MO
Zip	63090
NAICSCode	339999
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	225
DateApproved	04/09/2020
Lender	Arvest Bank
CD	MO-03
BusinessName.clean	MAGNET

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

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