# PPP loan: MALIBU WELLNESS, INC.
> **$582K** approved 04/08/2020 · Paid in Full · Loan `8089697004`
## Borrower
- **Name:** MALIBU WELLNESS, INC.
- **Address:** 6050 East Hanna Avenue, INDIANAPOLIS, IN, 46203-6125
- **NAICS:** 325611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $582K
- **Initial approval:** $582K
- **Forgiven:** $587K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $582K
- **Jobs reported:** 47
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*