# PPP loan: FRANK N. MAGID ASSOCIATES INC.
> **$1.92M** approved 02/10/2021 · Exemption 4 · Loan `6405218403`
## Borrower
- **Name:** FRANK N. MAGID ASSOCIATES INC.
- **Address:** 8500 Normandale Lake Blvd Ste 630, Minneapolis, MN, 55437-3809
- **NAICS:** 541910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.92M
- **Initial approval:** $1.92M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.92M
- **Jobs reported:** 96
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*