# PPP loan: MAGAZINE STREET LIMITED, INC.
> **$173K** approved 04/28/2020 · Paid in Full · Loan `1573247303`
## Borrower
- **Name:** MAGAZINE STREET LIMITED, INC.
- **Address:** 3001 MAGAZINE ST, NEW ORLEANS, LA, 70115-2232
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Utilities:** $43K
- **Jobs reported:** 32
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*