As part of the Paycheck Protection Program MAGNUM CONTRACTING, INC 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.

MAGNUM CONTRACTING, INC


Loan Amount	$872,000
BusinessName	MAGNUM CONTRACTING, INC
Address	4686 13TH AVE
City	FARGO
State	ND
Zip	58102
NAICSCode	236220
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	73
DateApproved	04/07/2020
Lender	Aspire Bank
CD	ND-
BusinessName.clean	MAGNUM CONTRACTING

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

MAGNUM DRYWALL
MAGNUM ELECTRIC
MAGNUM FOODS
MAGNUM HOSPITALITY
MAGNUM INSURANCE AGENCY CO