# PPP loan: MAGIC CITY TITLE INC
> **$222K** approved 04/07/2020 · Paid in Full · Loan `7155267009`
## Borrower
- **Name:** MAGIC CITY TITLE INC
- **Address:** 3535 GRANDVIEW PKWY Ste 550, BIRMINGHAM, AL, 35243-1912
- **NAICS:** 541191
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $222K
- **Jobs reported:** 17
## Lender
- **Originating:** SouthPoint Bank
- **Servicing:** SouthPoint Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*