# PPP loan: MAGNETAR.US INC.
> **$504K** approved 01/27/2021 · Paid in Full · Loan `6577938305`
## Borrower
- **Name:** MAGNETAR.US INC.
- **Address:** 4319 N Brawley Ave, Fresno, CA, 93722-3916
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $504K
- **Initial approval:** $504K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $504K
- **Jobs reported:** 27
## Lender
- **Originating:** FFB Bank
- **Servicing:** FFB Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*