# PPP loan: MAGICAL BEGINNINGS LEARNING ACADEMY INC
> **$195K** approved 01/22/2021 · Paid in Full · Loan `3403628302`
## Borrower
- **Name:** MAGICAL BEGINNINGS LEARNING ACADEMY INC
- **Address:** 225 Maple St, Middleton, MA, 01949-2232
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $195K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** North Shore Bank, a Co-operative Bank
- **Servicing:** North Shore Bank, a Co-operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*