PPP Loan information for Malag partners inc.

$110,000

Malag partners inc. was initially approved for PPP Loan of amount $110,000, the current approved amount is $110,000. The loan was approved on 01/22/2021 by The Union National Bank reported 7 jobs and $110,000 was used to fund payroll.

Malag partners inc. is Existing or more than 2 years old

MALAG PARTNERS INC.

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MALAG PARTNERS INC.

Borrower Address

1849 Green Bay Rd

Borrower City

Highland Park

Borrower State

IL

Borrower Zip

60035-3151

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110000.00

Current Approval Amount

110000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Highland Park

Project County Name

LAKE

Project State

IL

Project Zip

60035-3151

CD

IL-10

Jobs Reported

7

NAICS Code

448110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

109997.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110644.72

Forgiveness Date

09/01/2021

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