# PPP loan: MALLADI & REDDY PA
> **$156K** approved 02/26/2021 · Paid in Full · Loan `4841918507`
## Borrower
- **Name:** MALLADI & REDDY PA
- **Address:** 319 Gaslight Blvd, Lufkin, TX, 75904-3124
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $156K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** American State Bank
- **Servicing:** American State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*