# PPP loan: MALIBU ENTERTIANMENT INC.
> **$2.11M** approved 04/07/2020 · Paid in Full · Loan `6783207009`
## Borrower
- **Name:** MALIBU ENTERTIANMENT INC.
- **Address:** 540 WEST 26TH ST 8TH FLOOR, NEW YORK, NY, 10001-5504
- **NAICS:** 512110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.11M
- **Initial approval:** $2.11M
- **Forgiven:** $2.13M (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.95M
- **Health care:** $153K
- **Jobs reported:** 95
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*