# PPP loan: MAG IV, INC
> **$327K** approved 04/28/2021 · Paid in Full · Loan `3346568910`
## Borrower
- **Name:** MAG IV, INC
- **Address:** 110 SE K St, Grants Pass, OR, 97526-3120
- **NAICS:** 541213
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 06/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $327K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** First Bank of the Lake
- **Servicing:** First Bank of the Lake (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*