# PPP loan: MAGNA SERVICE AGENCY INC
> **$516K** approved 04/08/2020 · Paid in Full · Loan `8846677007`
## Borrower
- **Name:** MAGNA SERVICE AGENCY INC
- **Address:** 600 Old Pond Rd Ste 507, BRIDGEVILLE, PA, 15017
- **NAICS:** 213111
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $516K
- **Initial approval:** $516K
- **Forgiven:** $522K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $516K
- **Jobs reported:** 147
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*