# PPP loan: MALVERN MINERALS CO.
> **$177K** approved 02/06/2021 · Paid in Full · Loan `4569388405`
## Borrower
- **Name:** MALVERN MINERALS CO.
- **Address:** 220 Runyan St, Hot Springs, AR, 71901-6218
- **NAICS:** 212325
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 07/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $177K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*