# PPP loan: MAGNUSON STARK
> **$197K** approved 02/12/2021 · Paid in Full · Loan `7482988409`
## Borrower
- **Name:** MAGNUSON STARK
- **Address:** 5924 S Congress Ave Apt 54, Austin, TX, 78745-4373
- **NAICS:** 541810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $197K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Horizon Bank SSB
- **Servicing:** Horizon Bank SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*