# PPP loan: MAGNUS METALS, LLC
> **$238K** approved 04/29/2020 · Paid in Full · Loan `2966057300`
## Borrower
- **Name:** MAGNUS METALS, LLC
- **Address:** 3850 PONDEROSA WAY, LAS VEGAS, NV, 89118-3001
- **NAICS:** 332999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Rent:** $22K
- **Utilities:** $3K
- **Jobs reported:** 24
## Lender
- **Originating:** Global Innovations Bank
- **Servicing:** Global Innovations Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*