# PPP loan: MAGIC VALLEY BEAUTY COLLEGE INC
> **$378K** approved 04/10/2020 · Paid in Full · Loan `1512227108`
## Borrower
- **Name:** MAGIC VALLEY BEAUTY COLLEGE INC
- **Address:** 8401 N. 10th, MCALLEN, TX, 78504-9527
- **NAICS:** 611511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $383K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $378K
- **Jobs reported:** 54
## Lender
- **Originating:** Lone Star National Bank
- **Servicing:** Lone Star National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*