PPP Loan information for Mal-bg, inc

$39,700

Mal-bg, inc was initially approved for PPP Loan of amount $39,700, the current approved amount is $39,700. The loan was approved on 04/15/2020 by The The First Bank reported 17 jobs and $39,700 was used to fund payroll.

Mal-bg, inc is Existing or more than 2 years old

MAL-BG, INC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MAL-BG, INC

Borrower Address

1170 Highway 155 S

Borrower City

MCDONOUGH

Borrower State

GA

Borrower Zip

30252

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39700.00

Current Approval Amount

39700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MCDONOUGH

Project County Name

HENRY

Project State

GA

Project Zip

30252-1000

CD

GA-10

Jobs Reported

17

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29775.00

Mortgage Interest Proceed

0.00

Rent Proceed

9925.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40053.99

Forgiveness Date

03/10/2021

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