Magnus Enterprises Inc.
914 E 4th Ave, Red Springs, NC 28377 · New Car Dealers (NAICS 441110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
1
Total Amount
$500K
Jobs Supported
30
Years Active
2025
Loan History (1)
Source: SBA FOIA7(a)$500,000
Exempt
- Approved
- May 23, 2025 (FY2025)
- SBA Guaranteed
- $375,000 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 10.50%
- Revolver
- 0
- Jobs Supported
- 30
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- New Car Dealers (NAICS 441110)
Lender
Grasshopper Bank National Association
261 5th Ave, Ste 610, New York, NY 10016
Project Location
Robeson County, NC
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 441110 — New Car Dealers
- Address
- 914 E 4th Ave
Red Springs, NC 28377
Lender
- Grasshopper Bank National Association
- 261 5th Ave, Ste 610, New York, NY 10016