# PPP loan: MARVAN INC
> **$217K** approved 04/11/2020 · Paid in Full · Loan `3431327100`
## Borrower
- **Name:** MARVAN INC
- **Address:** 1900 E. PALM CANYON DR, PALM SPRINGS, CA, 92264-1620
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $287K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Rent:** $38K
- **Utilities:** $5K
- **Debt interest:** $11K
- **Jobs reported:** 45
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*