# PPP loan: MANAGING GENERAL AGENTS, INC
> **$717K** approved 04/07/2020 · Paid in Full · Loan `7060107004`
## Borrower
- **Name:** MANAGING GENERAL AGENTS, INC
- **Address:** 476 Rolling Ridge Drive. Suite 333, STATE COLLEGE, PA, 16801-7639
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $717K
- **Initial approval:** $717K
- **Forgiven:** $724K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $717K
- **Jobs reported:** 48
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*