# PPP loan: MAGERKS HORSHAM, INC.
> **$756K** approved 03/12/2021 · Paid in Full · Loan `9048798505`
## Borrower
- **Name:** MAGERKS HORSHAM, INC.
- **Address:** 307 Horsham Rd, Horsham, PA, 19044-2024
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $756K
- **Initial approval:** $756K
- **Forgiven:** $762K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $756K
- **Utilities:** $1
- **Jobs reported:** 173
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*