MAGNUM MAGNETICS CORPORATION

Summary of PPP (Paycheck Protection Program) Loan approved to MAGNUM MAGNETICS CORPORATION by First National Bank of Pennsylvania. The loan was approved on 4/05/2020 in the range of $2-5 million.

Business Information

Name:

MAGNUM MAGNETICS CORPORATION

801 MASONIC PARK ROAD
MARIETTA, OH 45750
Business type: Corporation
Computer and Electronic Product Manufacturing
→ Blank Magnetic and Optical Recording Media Manufacturing
Non-profit: No
Loan amount: $2-5 million
(50 Jobs retained)
Date approved: April 05, 2020
Lender First National Bank of Pennsylvania

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.