# PPP loan: PAUL N MAGEDANZ
> **$207K** approved 04/10/2020 · Paid in Full · Loan `2034157110`
## Borrower
- **Name:** PAUL N MAGEDANZ
- **Address:** 18785 228TH AVE, RICHMOND, MN, 56368-8524
- **NAICS:** 814110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $185K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Rent:** $13K
- **Jobs reported:** 76
## Lender
- **Originating:** Magnifi Financial CU
- **Servicing:** Magnifi Financial CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*