# PPP loan: MALPIGLI & ASSOCIATES INSURANCE AGENCY, INC.
> **$256K** approved 04/08/2020 · Paid in Full · Loan `8450767003`
## Borrower
- **Name:** MALPIGLI & ASSOCIATES INSURANCE AGENCY, INC.
- **Address:** 3311 Sunrise Hwy, ISLIP TERRACE, NY, 11752-0001
- **NAICS:** 524126
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Jobs reported:** 22
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*