# PPP loan: MANDALA WORLD INVESTMENTS INC.
> **$530K** approved 06/29/2020 · Charged Off · Loan `5986688004`
## Borrower
- **Name:** MANDALA WORLD INVESTMENTS INC.
- **Address:** 2000 Town Center Suite 1900, Southfield, MI, 48075-1103
- **NAICS:** 611110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $530K
- **Initial approval:** $530K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $530K
- **Jobs reported:** 36
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*