# PPP loan: MAGNUSON BREWERY LLC
> **$221K** approved 05/01/2020 · Paid in Full · Loan `3285417703`
## Borrower
- **Name:** MAGNUSON BREWERY LLC
- **Address:** 7801 62nd ave NE, Seattle, WA, 98115-8173
- **NAICS:** 722410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Mortgage interest:** $28K
- **Utilities:** $28K
- **Jobs reported:** 25
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*