# PPP loan: MAXI INC.
> **$194K** approved 05/01/2020 · Exemption 4 · Loan `9336847309`
## Borrower
- **Name:** MAXI INC.
- **Address:** 3610 RICE ST, LIHUE, HI, 96766-1705
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $35K (18%)
- **Forgiveness date:** 06/23/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 27
## Lender
- **Originating:** American Savings Bank FSB
- **Servicing:** American Savings Bank FSB (HI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*