# PPP loan: ALL MAGIC MV, INC. DBA ALL MAGIC PAINT & BODY MV
> **$175K** approved 05/01/2020 · Paid in Full · Loan `2985697702`
## Borrower
- **Name:** ALL MAGIC MV, INC. DBA ALL MAGIC PAINT & BODY MV
- **Address:** 14461 COMMERCE CENTER DR, MORENO VALLEY, CA, 92553
- **NAICS:** —
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $100K
- **Rent:** $15K
- **Mortgage interest:** $20K
- **Utilities:** $13K
- **Health care:** $5K
- **Debt interest:** $22K
- **Jobs reported:** 120
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*