# PPP loan: MAGIC NAILS ERIE INC
> **$242K** approved 04/30/2021 · Paid in Full · Loan `5621578907`
## Borrower
- **Name:** MAGIC NAILS ERIE INC
- **Address:** 1705 State Highway 7 Unit 100, Erie, CO, 80516-8002
- **NAICS:** 812113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $246K (102%)
- **Forgiveness date:** 12/20/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $242K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** WebBank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*