# PPP loan: MAGNOLIA DISCO CORP
> **$734K** approved 02/20/2021 · Paid in Full · Loan `2608178504`
## Borrower
- **Name:** MAGNOLIA DISCO CORP
- **Address:** 3912 Cedar Springs Rd, Dallas, TX, 75219-3518
- **NAICS:** 722410
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $734K
- **Initial approval:** $734K
- **Forgiven:** $740K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $734K
- **Utilities:** $1
- **Jobs reported:** 59
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*