# PPP loan: MALLORY SONALERT PRODUCTS, INC
> **$664K** approved 04/08/2020 · Paid in Full · Loan `8004527001`
## Borrower
- **Name:** MALLORY SONALERT PRODUCTS, INC
- **Address:** 4411 South High School Rd, INDIANAPOLIS, IN, 46241-6404
- **NAICS:** 334413
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $664K
- **Initial approval:** $664K
- **Forgiven:** $668K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $531K
- **Rent:** $44K
- **Mortgage interest:** $44K
- **Utilities:** $44K
- **Jobs reported:** 40
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*