# PPP loan: MAGIC BURGERS LLC
> **$5.53M** approved 04/08/2020 · Paid in Full · Loan `8196907001`
## Borrower
- **Name:** MAGIC BURGERS LLC
- **Address:** 4515 Lyndon B. Johnson, DALLAS, TX, 75244
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.53M
- **Initial approval:** $5.53M
- **Forgiven:** $5.59M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.53M
- **Jobs reported:** 500
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*