# PPP loan: SIR MAGNUS LTD LLC
> **$150K** approved 06/01/2020 · Paid in Full · Loan `6251857810`
## Borrower
- **Name:** SIR MAGNUS LTD LLC
- **Address:** 500 East 9th Street, Ocean City, NJ, 08226-3524
- **NAICS:** 721199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (100%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 10
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*