# PPP loan: MALONEY PROPERTIES. INC.
> **$4.99M** approved 04/08/2020 · Paid in Full · Loan `7977007000`
## Borrower
- **Name:** MALONEY PROPERTIES. INC.
- **Address:** 27 Mica Lane 3rd Floor, WELLESLEY HILLS, MA, 02481-1707
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.99M
- **Initial approval:** $7.25M
- **Forgiven:** $5.06M (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.99M
- **Jobs reported:** 435
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*