MAGNUS CONSTRUCTION LLC (DE) - 2020 PPP Loan Borrower Profile (# 2250778403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MAGNUS CONSTRUCTION LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

2250778403

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$24,277

Date Loan was Approved

Feb 3, 2021

Amount Forgiven

$24,390.07

Date Loan was Forgiven

Aug 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

24,277

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

236115

Borrower Location

Dagsboro, DE

Project Location

Dagsboro, DE

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.