# PPP loan: MALIN INDUSTRIES, LLC
> **$221K** approved 04/06/2020 · Paid in Full · Loan `5950407003`
## Borrower
- **Name:** MALIN INDUSTRIES, LLC
- **Address:** 3901 COMMERCE AVE, FAIRFIELD, AL, 35064-1319
- **NAICS:** 332710
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Rent:** $20K
- **Mortgage interest:** $6K
- **Utilities:** $17K
- **Debt interest:** $2K
- **Jobs reported:** 24
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*