# PPP loan: MAGNUM RESEARCH, INC.
> **$209K** approved 04/14/2020 · Paid in Full · Loan `6949837109`
## Borrower
- **Name:** MAGNUM RESEARCH, INC.
- **Address:** 12602 33rd Ave SW, PILLAGER, MN, 56473
- **NAICS:** 332994
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Jobs reported:** 26
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*