# PPP loan: MAGNETIC MARKETING SOLUTIONS, LLC
> **$261K** approved 04/03/2020 · Paid in Full · Loan `4387987008`
## Borrower
- **Name:** MAGNETIC MARKETING SOLUTIONS, LLC
- **Address:** 2111 Kindel Ave, CINCINNATI, OH, 45214-1841
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $241K
- **Rent:** $6K
- **Utilities:** $5K
- **Debt interest:** $10K
- **Jobs reported:** 21
## Lender
- **Originating:** CenterBank
- **Servicing:** CenterBank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*