# PPP loan: MAGIC CIRCLES LLC
> **$1.26M** approved 01/19/2021 · Paid in Full · Loan `1617598302`
## Borrower
- **Name:** MAGIC CIRCLES LLC
- **Address:** 768 Barber Ln, Milpitas, CA, 95035-7919
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.26M
- **Utilities:** $1
- **Jobs reported:** 88
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*