# PPP loan: MARGAL HOLDINGS INC
> **$504K** approved 04/28/2020 · Paid in Full · Loan `9261167202`
## Borrower
- **Name:** MARGAL HOLDINGS INC
- **Address:** 825 E GATE BLVD, STE 102, GARDEN CITY, NY, 11530
- **NAICS:** 551112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $504K
- **Initial approval:** $504K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $504K
- **Jobs reported:** 35
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*