# PPP loan: MALVERN RESTAURANT ASSOCIATES INC
> **$287K** approved 04/14/2020 · Paid in Full · Loan `7273807104`
## Borrower
- **Name:** MALVERN RESTAURANT ASSOCIATES INC
- **Address:** 9 VILLAGE WAY, MALVERN, PA, 19355-2114
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $287K
- **Jobs reported:** 42
## Lender
- **Originating:** S & T Bank
- **Servicing:** S & T Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*