# PPP loan: MAGNUM STTEL LLC
> **$271K** approved 01/29/2021 · Paid in Full · Loan `8047658306`
## Borrower
- **Name:** MAGNUM STTEL LLC
- **Address:** 17765 W Gelding Dr, Surprise, AZ, 85388-7535
- **NAICS:** 238120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $272K (100%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 16
## Lender
- **Originating:** Peoples State Bank of Plainview
- **Servicing:** Peoples State Bank of Plainview (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*