# PPP loan: MAGNA JAMES LTD
> **$173K** approved 05/04/2020 · Paid in Full · Loan `1204577400`
## Borrower
- **Name:** MAGNA JAMES LTD
- **Address:** 8782 LANYARD CT, RANCHO CUCAMONGA, CA, 91730-0804
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*