# PPP loan: MAGNUM OPUS IT INC
> **$389K** approved 04/27/2020 · Paid in Full · Loan `5515757205`
## Borrower
- **Name:** MAGNUM OPUS IT INC
- **Address:** 8215 Roswell Road, Atlanta, GA, 30350
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Status:** Paid in Full
- **Term:** 4 months
## Use of funds
- **Payroll:** $369K
- **Rent:** $4K
- **Health care:** $16K
- **Jobs reported:** 20
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*