# PPP loan: SIR MAGNUS LTD. LLC
> **$245K** approved 02/03/2021 · Paid in Full · Loan `2532018407`
## Borrower
- **Name:** SIR MAGNUS LTD. LLC
- **Address:** 500 E 9th St, Ocean City, NJ, 08226-3524
- **NAICS:** 721199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 05/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*