# PPP loan: MARLU TEXAS LLC
> **$395K** approved 04/05/2020 · Paid in Full · Loan `5428137002`
## Borrower
- **Name:** MARLU TEXAS LLC
- **Address:** 2368 Maritime Dr #100, ELK GROVE, CA, 95758-3639
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $296K
- **Rent:** $99K
- **Jobs reported:** 116
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*