# PPP loan: MLY INVESTMENTS, LLC
> **$594K** approved 04/06/2020 · Paid in Full · Loan `5809587001`
## Borrower
- **Name:** MLY INVESTMENTS, LLC
- **Address:** 1241 PARK PL NE STE A, CEDAR RAPIDS, IA, 52402-2018
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $594K
- **Initial approval:** $594K
- **Forgiven:** $600K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $475K
- **Rent:** $80K
- **Utilities:** $27K
- **Health care:** $12K
- **Jobs reported:** 81
## Lender
- **Originating:** Lincoln Savings Bank
- **Servicing:** Lincoln Savings Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*