# PPP loan: MALIBU PRODUCTS INC
> **$162K** approved 05/01/2020 · Paid in Full · Loan `5016477700`
## Borrower
- **Name:** MALIBU PRODUCTS INC
- **Address:** 610 FLINN AVE, MOORPARK, CA, 93021-2008
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $129K (80%)
- **Forgiveness date:** 06/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 16
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*