# PPP loan: MAGNYS INNOVATIVE SOLUTIONS L.L.C.
> **$545K** approved 02/18/2021 · Paid in Full · Loan `1387118509`
## Borrower
- **Name:** MAGNYS INNOVATIVE SOLUTIONS L.L.C.
- **Address:** 1526 John a Papalas Dr, Lincoln Park, MI, 48146-4708
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $545K
- **Initial approval:** $545K
- **Forgiven:** $549K (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $545K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*