# PPP loan: MLEA INC.
> **$226K** approved 04/13/2020 · Paid in Full · Loan `4583207103`
## Borrower
- **Name:** MLEA INC.
- **Address:** 211 WELSH POOL RD Suite 120, EXTON, PA, 19341-1314
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $227K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Rent:** $19K
- **Utilities:** $4K
- **Jobs reported:** 12
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*