As part of the Paycheck Protection Program MAGNUM HOSPITALITY, 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 HOSPITALITY, INC


Loan Amount	$921,145
BusinessName	MAGNUM HOSPITALITY, INC
Address	5112 US HIGHWAY 31
City	WILLIAMSBURG
State	MI
Zip	49690
NAICSCode	722511
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	147
DateApproved	04/13/2020
Lender	Fifth Third Bank
CD	MI-01
BusinessName.clean	MAGNUM HOSPITALITY

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 INSURANCE AGENCY CO
MAGNUM MAGNETICS
MAGNUM POWER
MAGNUM SERVICES
MAGNUM STEEL WORKS