# PPP loan: THE MANAGEMENT ASSOCIATION, INC.
> **$7.12M** approved 04/13/2020 · Paid in Full · Loan `5538317107`
## Borrower
- **Name:** THE MANAGEMENT ASSOCIATION, INC.
- **Address:** 15661 RED HILL AVE STE 201, TUSTIN, CA, 92780-7300
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.12M
- **Initial approval:** $7.12M
- **Forgiven:** $7.21M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.25M
- **Rent:** $500K
- **Health care:** $300K
- **Debt interest:** $75K
- **Jobs reported:** 500
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*