As part of the Paycheck Protection Program MAGNITUDE 7 METALS 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.

MAGNITUDE 7 METALS LLC


Loan Amount	$7,855,700
BusinessName	MAGNITUDE 7 METALS LLC
Address	391 St Jude Industrial Park
City	Marston
State	MO
Zip	63866
NAICSCode	331313
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	492
DateApproved	04/27/2020
Lender	Citibank, N.A.
CD	MO-08
BusinessName.clean	MAGNITUDE 7 METALS

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

MAGNOLIA ADVANCED MATERIALS
MAGNOLIA BRUSH MANUFACTURERS LTD
MAGNOLIA COMMUNITY SERVICES
MAGNOLIA EDUCATIONAL RESEARCH FOUNDATION
MAGNOLIA ELECTRIC POWER ASSOCIATION