# PPP loan: MALVERN INSTITUTE FOR PSYCHIATRIC & ALCOHOLIC STUDIES
> **$2.29M** approved 04/27/2020 · Paid in Full · Loan `3780047206`
## Borrower
- **Name:** MALVERN INSTITUTE FOR PSYCHIATRIC & ALCOHOLIC STUDIES
- **Address:** 1000 Germantown Pike Bldg G-5, Plymouth Meeting, PA, 19462
- **NAICS:** 622210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.29M
- **Initial approval:** $2.29M
- **Forgiven:** $2.32M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.29M
- **Jobs reported:** 261
## Lender
- **Originating:** Emigrant Bank
- **Servicing:** Emigrant Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*