# PPP loan: MALACH USA, LLP
> **$551K** approved 04/13/2020 · Paid in Full · Loan `4863087109`
## Borrower
- **Name:** MALACH USA, LLP
- **Address:** 1515  7TH ST SE, VALLEY CITY, ND, 58072-4140
- **NAICS:** 332322
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $551K
- **Initial approval:** $551K
- **Forgiven:** $556K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $442K
- **Rent:** $50K
- **Utilities:** $50K
- **Debt interest:** $9K
- **Jobs reported:** 54
## Lender
- **Originating:** Dacotah Bank
- **Servicing:** Dacotah Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*