# PPP loan: MAGNUM PAVING, INC.
> **$734K** approved 04/15/2020 · Paid in Full · Loan `1265567205`
## Borrower
- **Name:** MAGNUM PAVING, INC.
- **Address:** 2425 S 10TH AVE, TUCSON, AZ, 85713-4758
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $734K
- **Initial approval:** $734K
- **Forgiven:** $739K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $734K
- **Jobs reported:** 52
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*