# PPP loan: MALVERN MINERALS CO.
> **$177K** approved 04/07/2020 · Paid in Full · Loan `7304547004`
## Borrower
- **Name:** MALVERN MINERALS CO.
- **Address:** 220 RUNYAN ST, HOT SPRINGS NATIONAL PARK, AR, 71901-6218
- **NAICS:** 212325
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $117K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 18
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*