# PPP loan: MAGIC LUBE CORPORATION OF ARKANSAS, INC.
> **$247K** approved 04/06/2020 · Paid in Full · Loan `6198227003`
## Borrower
- **Name:** MAGIC LUBE CORPORATION OF ARKANSAS, INC.
- **Address:** 10 Carmel Valley Lane, LITTLE ROCK, AR, 72217-7448
- **NAICS:** 811191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 23
## Lender
- **Originating:** Partners Bank
- **Servicing:** Partners Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*