# PPP loan: MAGNUM EXPRESS INC.
> **$776K** approved 04/15/2020 · Paid in Full · Loan `9065727109`
## Borrower
- **Name:** MAGNUM EXPRESS INC.
- **Address:** 1540 South PERRY RD, PLAINFIELD, IN, 46168-7602
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $776K
- **Initial approval:** $776K
- **Forgiven:** $780K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $776K
- **Jobs reported:** 70
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*