# PPP loan: MALGOR & CO INC.
> **$328K** approved 05/12/2020 · Paid in Full · Loan `5413627407`
## Borrower
- **Name:** MALGOR & CO INC.
- **Address:** Carr 5 KM 3.5 Bo. Palmas, CATANO, PR, 00962
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Jobs reported:** 59
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*