# PPP loan: MAGPIES GIFT SHOPS INC
> **$274K** approved 02/06/2021 · Paid in Full · Loan `4278238406`
## Borrower
- **Name:** MAGPIES GIFT SHOPS INC
- **Address:** 5000 Bellaire Blvd, Bellaire, TX, 77401-4002
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $276K (100%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*