# PPP loan: MALBAR INC
> **$327K** approved 03/17/2021 · Charged Off · Loan `3810598608`
## Borrower
- **Name:** MALBAR INC
- **Address:** 1250 Hooper Ave, Toms River, NJ, 08753-3324
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $327K
- **Utilities:** $1
- **Jobs reported:** 56
## Lender
- **Originating:** Unity Bank
- **Servicing:** Unity Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*