# PPP loan: MAGNITUDE LLC
> **$177K** approved 04/28/2020 · Paid in Full · Loan `6501047208`
## Borrower
- **Name:** MAGNITUDE LLC
- **Address:** 811 W Main Street Suite 200, CARMEL, IN, 46032-1468
- **NAICS:** 541613
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 10
## Lender
- **Originating:** Merchants Bank of Indiana
- **Servicing:** Merchants Bank of Indiana (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*