# PPP loan: MAGNUSON-STARK INC
> **$195K** approved 04/04/2020 · Paid in Full · Loan `4792897009`
## Borrower
- **Name:** MAGNUSON-STARK INC
- **Address:** 5924 CONGRESS AVE, AUSTIN, TX, 78745-4343
- **NAICS:** 541613
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 14
## Lender
- **Originating:** Horizon Bank SSB
- **Servicing:** Horizon Bank SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*