# PPP loan: MAG RETAIL HOLDINGS - FRD, LLC
> **$1.81M** approved 04/30/2020 · Paid in Full · Loan `5285707303`
## Borrower
- **Name:** MAG RETAIL HOLDINGS - FRD, LLC
- **Address:** 1212 Westford St, Lowell, MA, 01851
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.81M
- **Initial approval:** $1.81M
- **Forgiven:** $1.83M (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.81M
- **Jobs reported:** 116
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*