# PPP loan: MAGNUM STAFFING SERVICES INC.
> **$417K** approved 02/23/2021 · Paid in Full · Loan `3282698500`
## Borrower
- **Name:** MAGNUM STAFFING SERVICES INC.
- **Address:** 2500 E T C Jester Blvd Ste 325, Houston, TX, 77008-1461
- **NAICS:** 561320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $417K
- **Initial approval:** $417K
- **Forgiven:** $422K (101%)
- **Forgiveness date:** 04/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $417K
- **Jobs reported:** 40
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*