# PPP loan: MAGIC BROTHERS ASSOCIATE, INCORPORATED
> **$1.14M** approved 04/09/2020 · Paid in Full · Loan `9592117007`
## Borrower
- **Name:** MAGIC BROTHERS ASSOCIATE, INCORPORATED
- **Address:** 365 GELLERT BLVD, DALY CITY, CA, 94015-2613
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $597K (53%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 158
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*