# PPP loan: MLEM PROPERTIES INC.
> **$309K** approved 02/04/2021 · Paid in Full · Loan `2853838407`
## Borrower
- **Name:** MLEM PROPERTIES INC.
- **Address:** 2222 S Priest Dr, Tempe, AZ, 85282-1109
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $309K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*