# PPP loan: MAGELLAN INTERNATIONAL SCHOOL
> **$1.13M** approved 01/21/2021 · Paid in Full · Loan `3002118301`
## Borrower
- **Name:** MAGELLAN INTERNATIONAL SCHOOL
- **Address:** 7938 Great Northern Blvd, Austin, TX, 78757-8035
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.13M (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 108
## Lender
- **Originating:** Horizon Bank SSB
- **Servicing:** Horizon Bank SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*