# PPP loan: MAG RETAIL HOLDINGS
> **$710K** approved 04/11/2020 · Paid in Full · Loan `3436087110`
## Borrower
- **Name:** MAG RETAIL HOLDINGS
- **Address:** 150 Turnpike Rd, WESTBOROUGH, MA, 01581
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $710K
- **Initial approval:** $710K
- **Forgiven:** $724K (102%)
- **Forgiveness date:** 04/01/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $710K
- **Jobs reported:** 52
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*