# PPP loan: MAGNETI MARKETING LLC
> **$169K** approved 04/27/2020 · Paid in Full · Loan `5641617210`
## Borrower
- **Name:** MAGNETI MARKETING LLC
- **Address:** 612 N Tejon Street, COLORADO SPRINGS, CO, 80903-1010
- **NAICS:** 541910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 15
## Lender
- **Originating:** Security State Bank
- **Servicing:** Security State Bank (WY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*