# PPP loan: MAG AUTOMOTIVE HOLDINGS OF SARATOGA, LLC
> **$715K** approved 04/13/2020 · Paid in Full · Loan `4252297103`
## Borrower
- **Name:** MAG AUTOMOTIVE HOLDINGS OF SARATOGA, LLC
- **Address:** 3002 ROUTE 50, SARATOGA SPRINGS, NY, 12866-2972
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $715K
- **Initial approval:** $715K
- **Forgiven:** $724K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $715K
- **Jobs reported:** 54
## Lender
- **Originating:** The Washington Trust Company of Westerly
- **Servicing:** The Washington Trust Company of Westerly (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*