# PPP loan: MAGIC VALLEY BEAUTY COLLEGE INC
> **$378K** approved 01/27/2021 · Paid in Full · Loan `6624938309`
## Borrower
- **Name:** MAGIC VALLEY BEAUTY COLLEGE INC
- **Address:** 8401 N 10th St, McAllen, TX, 78504-9527
- **NAICS:** 611511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $382K (101%)
- **Forgiveness date:** 04/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $378K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** Lone Star National Bank
- **Servicing:** Lone Star National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*