# PPP loan: MAGNA CONSTRUCTION SERVICES INC
> **$377K** approved 02/07/2021 · Paid in Full · Loan `5090138403`
## Borrower
- **Name:** MAGNA CONSTRUCTION SERVICES INC
- **Address:** 9013 NE Highway 99 Ste K, Vancouver, WA, 98665-8963
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $377K
- **Initial approval:** $377K
- **Forgiven:** $382K (101%)
- **Forgiveness date:** 05/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $377K
- **Jobs reported:** 24
## Lender
- **Originating:** Bank of the Pacific
- **Servicing:** Bank of the Pacific (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*