An Innovative Business Concept Landed This Company on the Discovery Channel

When Discovery Channel calls to ask if they can come to your place of business and film an episode of "How It's Made", you can be certain you have an innovative business concept!  That's exactly what happened to Jim Czerwinski, owner of Magnum Steel Works, Inc.  The company drew national attention when they expanded their cutting-edge metal fabrication and machine business in Mt. Vernon, Illinois.

Magnum Steel Works, Inc. - Mt. Vernon, IL

Czerwinski opened the business when he saw renewed development of coal mining in the local area and wanted to fulfill the need for a mining equipment facility that could repair and rebuild equipment locally. 


People's National Bank and Growth Corp teamed up to help Magnum Steel Works, Inc. acquire new equipment using the 504 Loan Program.  The financing helped create jobs and is a great example of the investment and job creation potential of the 504 Loan Program.

Read more about how Growth Corp helped Magnum Steel Works, Inc. with the financing using a 504 Loan Program.