# PPP loan: MARYVALE
> **$2.90M** approved 04/08/2020 · Exemption 4 · Loan `8671007002`
## Borrower
- **Name:** MARYVALE
- **Address:** 7600 E GRAVES AVE, ROSEMEAD, CA, 91770-3414
- **NAICS:** 624410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.90M
- **Initial approval:** $2.90M
- **Forgiven:** $2.17M (75%)
- **Forgiveness date:** 09/24/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.70M
- **Utilities:** $66K
- **Health care:** $125K
- **Jobs reported:** 244
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*