# PPP loan: MAGDICH & ASSOCIATES PC
> **$395K** approved 01/25/2021 · Paid in Full · Loan `5656748300`
## Borrower
- **Name:** MAGDICH & ASSOCIATES PC
- **Address:** 17177 N Laurel Park Dr Ste 401, Livonia, MI, 48152-2659
- **NAICS:** 541199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $395K
- **Jobs reported:** 27
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*