# PPP loan: MAGNITUDE EXPRESS LLC
> **$312K** approved 05/01/2020 · Paid in Full · Loan `8151237302`
## Borrower
- **Name:** MAGNITUDE EXPRESS LLC
- **Address:** 4142 OGLETOWN STANTON RD, NEWARK, DE, 19713-4169
- **NAICS:** 488490
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $312K
- **Initial approval:** $322K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $312K
- **Jobs reported:** 98
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*