# PPP loan: JLM & MAG ASSOCIATES INC
> **$492K** approved 02/04/2021 · Paid in Full · Loan `3117898410`
## Borrower
- **Name:** JLM & MAG ASSOCIATES INC
- **Address:** 22311 Ventura Blvd Ste 111, Woodland Hills, CA, 91364-1551
- **NAICS:** 812111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $497K (101%)
- **Forgiveness date:** 03/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $492K
- **Utilities:** $1
- **Jobs reported:** 80
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*