MAGNA MACHINE CO.

Summary of PPP (Paycheck Protection Program) Loan approved to MAGNA MACHINE CO. by PNC Bank, National Association. The loan was approved on 4/15/2020 in the range of $2-5 million.

Business Information

Name:	MAGNA MACHINE CO. 11180 SOUTHLAND RD CINCINNATI, OH 45240
Business type:	Corporation Machinery Manufacturing → Other Commercial and Service Industry Machinery Manufacturing
Non-profit:	No
Loan amount:	$2-5 million (50 Jobs retained)
Date approved:	April 15, 2020
Lender	PNC Bank, National Association

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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.