# PPP loan: MAGNUM FORGE LLC
> **$221K** approved 04/08/2020 · Paid in Full · Loan `7933987010`
## Borrower
- **Name:** MAGNUM FORGE LLC
- **Address:** 1401 CALUMET ST Suite 505, HOUSTON, TX, 77004-7113
- **NAICS:** 541611
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Jobs reported:** 6
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*