# PPP loan: MAGNA CONSTRUCTION SERVICES INC.
> **$324K** approved 04/06/2020 · Paid in Full · Loan `6398147008`
## Borrower
- **Name:** MAGNA CONSTRUCTION SERVICES INC.
- **Address:** 9013 NE Hwy 99 Suitr 7-138, VANCOUVER, WA, 98665
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $328K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Jobs reported:** 3
## Lender
- **Originating:** Bank of the Pacific
- **Servicing:** Bank of the Pacific (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*