# PPP loan: MAGNA RESOURCES  MANAGEMENT CORPORATION
> **$168K** approved 04/07/2020 · Paid in Full · Loan `7636067009`
## Borrower
- **Name:** MAGNA RESOURCES  MANAGEMENT CORPORATION
- **Address:** 5422 ALPHA RD, DALLAS, TX, 75240-2509
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Jobs reported:** 5
## Lender
- **Originating:** Inwood National Bank
- **Servicing:** Inwood National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*