Corporation

Magnum Drywall, Inc

Construction Sand and Gravel Mining

$10,000,000.00
PPP Loan Number 6616357207

Company Overview

Magnum Drywall, Inc

42027 Boscell Rd
Fremont, CA 94538

Magnum Drywall, Inc is a Construction Sand and Gravel Mining Corporation located at 42027 Boscell Rd Fremont, CA 94538 with 408 employees.


# of employees
408
Average salary
$88,235.00 /yr
Business type
Corporation

Company Story



Magnum Drywall, Inc. is a leading construction sand and gravel mining company based in Fremont, California with over 400 employees. The company was founded in 1956 and has grown to become one of the largest suppliers of sand and gravel in the region. Magnum Drywall offers a variety of products including road base material, rip-rapping materials, drainage stone and specialty items for commercial projects as well as residential customers. They also offer comprehensive services such as excavation excavation contracting, hydrologic engineering services such as seepage investigations and geologic data analysis for their clients throughout the western United States. With more than 60 years of experience in the industry, Magnum Drywall Inc is committed to providing high-quality workmanship at competitive prices backed by superior customer service from start to finish. They strive to be an industry leader by using cutting edge technology that combines efficiency with environmental sensitivity while providing customers with cost effective solutions that meet their specific requirements every time



Loan Details

During round 1 of the paycheck protection program, Magnum Drywall, Inc requested a PPP loan for $10,000,000.00. They were approved on 4/28/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by Bbva Usa. Of the approved amount, Magnum Drywall, Inc has received 100% of the approved amount.


Approved
$10,000,000.00
Disbursed
$10,000,000.00

Originating Lender
Bbva Usa

Servicing Lender
Bbva Usa

SBA Code
912


Demographics
Race
White
Ethnicity
Not Hispanic or Latino
Gender
Male Owned
Veteran
Non-Veteran

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