MAGNUM STEEL WORKS, INC

Summary of PPP (Paycheck Protection Program) Loan approved to MAGNUM STEEL WORKS, INC by Peoples National Bank, National Association. The loan was approved on 4/03/2020 in the range of $350,000-1 million.

Business Information

Name:

MAGNUM STEEL WORKS, INC

200 SHILOH DR
MOUNT VERNON, IL 62864
Business type: Subchapter S Corporation
Machinery Manufacturing
→ Other Industrial Machinery Manufacturing
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 03, 2020
Lender Peoples National Bank, National Association

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.