# PPP loan: MAGICALL INC
> **$432K** approved 04/14/2020 · Paid in Full · Loan `6648097108`
## Borrower
- **Name:** MAGICALL INC
- **Address:** 4550 CALLE ALTO, CAMARILLO, CA, 93012-8509
- **NAICS:** 335999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $435K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Utilities:** $108K
- **Jobs reported:** 34
## Lender
- **Originating:** California Bank of Commerce, NA
- **Servicing:** California Bank of Commerce, NA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*