# PPP loan: MAGNESS HOSPITALITY LLC
> **$179K** approved 04/07/2020 · Paid in Full · Loan `6987717000`
## Borrower
- **Name:** MAGNESS HOSPITALITY LLC
- **Address:** 167 TUCKER CEMETERY ROAD, GASSVILLE, AR, 72635-8701
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Jobs reported:** 51
## Lender
- **Originating:** FNBC Bank
- **Servicing:** FNBC Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*