# PPP loan: MAGNA SERVICE AGENCY INC.
> **$805K** approved 01/22/2021 · Paid in Full · Loan `4123348301`
## Borrower
- **Name:** MAGNA SERVICE AGENCY INC.
- **Address:** 600 Old Pond Rd Ste 507, Bridgeville, PA, 15017-1273
- **NAICS:** 561990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $805K
- **Initial approval:** $805K
- **Forgiven:** $815K (101%)
- **Forgiveness date:** 05/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $805K
- **Utilities:** $1
- **Jobs reported:** 165
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*