U.S. Magnetix

Minnesota
Registered In
05/18/1998
Incorp. Date

Company Summary

U.S. Magnetix in Mpls, MN was registered on 05/18/1998. It is listed at 404 N Washington Ave, Mpls, Mn 55404.

Overview

Registered In
Minnesota
Incorporation Date
Company Type
Assumed Name
Status
Inactive
Registration Type
Domestic
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Map & Locations

404 N WASHINGTON AVE, MPLS, MN 55404 View Map

Financials

Financial Information for U.S. Magnetix

Form 5500

U.S. MAGNETIX, INC.

7140 Madison Avenue West, Golden Valley, Mn 55427 (763) 540-9497 EIN:41-1810894 Plan Admin:Christopher Condon
Year Plan Name Participants BOY/EOY Assets BOY/EOY
2022 Plan NameU.S. MAGNETIX, INC. 401(K) PLAN Plan #001 Participants BOY/EOY12 / 12 Assets BOY/EOY$640,810 / $579,364 2022 U.S. MAGNETIX, INC. 401(K) PLAN - Plan #001 12 / 12 $640,810 / $579,364
2021 Plan NameU.S. MAGNETIX, INC. 401(K) PLAN Plan #001 Participants BOY/EOY12 / 12 Assets BOY/EOY$477,371 / $640,810 2021 U.S. MAGNETIX, INC. 401(K) PLAN - Plan #001 12 / 12 $477,371 / $640,810
2020 Plan NameU.S. MAGNETIX, INC. 401(K) PLAN Plan #001 Participants BOY/EOY12 / 11 Assets BOY/EOY$350,674 / $477,371 2020 U.S. MAGNETIX, INC. 401(K) PLAN - Plan #001 12 / 11 $350,674 / $477,371
2019 Plan NameU.S. MAGNETIX, INC. 401(K) PLAN Plan #001 Participants BOY/EOY11 / 12 Assets BOY/EOY$0 / $350,674 2019 U.S. MAGNETIX, INC. 401(K) PLAN - Plan #001 11 / 12 $0 / $350,674
Benefit & Retirement Plans based on Form 5500.
PPP Loans

U.S. MAGNETIX INC.

7140 Madison Ave W, Minneapolis, MN 55427-3602 Industry:All Other Miscellaneous Manufacturing Ethnicity:Not Hispanic or Latino Veteran:No
Loan Date Approved Forgiven Lender Jobs
02/01/2021 Approved$137,375 Forgiven$138,429 LenderCross River Bank Jobs15 02/01/2021 $137,375 $138,429 Cross River Bank 15
07/09/2020 Approved$153,866 Forgiven$155,190 LenderCross River Bank Jobs14 07/09/2020 $153,866 $155,190 Cross River Bank 14
PPP Loans based on Paycheck Protection Program.

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Sources

The following government agencies have contributed data:

• Office of the Minnesota Secretary of State • U.S. Department of Labor • U.S. Small Business Administration
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