MAGNUM PRECISION MACHINES, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to MAGNUM PRECISION MACHINES, INC. by New Mexico Bank & Trust. The loan was approved on 4/10/2020 in the range of $150,000-350,000.

Business Information

Name:

MAGNUM PRECISION MACHINES, INC.

8448 WASHINGTON PL NE
ALBUQUERQUE, NM 87113
Business type: Corporation
Merchant Wholesalers, Durable Goods
→ Industrial Machinery and Equipment Merchant Wholesalers
Non-profit: No
Loan amount: $150,000-350,000
(50 Jobs retained)
Date approved: April 10, 2020
Lender New Mexico Bank & Trust

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.