# PPP loan: MAGNASPHERE CORPORATION
> **$259K** approved 04/08/2020 · Paid in Full · Loan `7906357003`
## Borrower
- **Name:** MAGNASPHERE CORPORATION
- **Address:** N22W22931 nancys ct. st.3, WAUKESHA, WI, 53186
- **NAICS:** 334290
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 34
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*