# PPP loan: MAGNETIC DREAMS INCORPORATED
> **$155K** approved 01/27/2021 · Paid in Full · Loan `6467618302`
## Borrower
- **Name:** MAGNETIC DREAMS INCORPORATED
- **Address:** 915 Twin Elms Ct, Nashville, TN, 37210-3523
- **NAICS:** 512191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 02/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $155K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*