PPP Loan information for Malanda inc

$724,500

Malanda inc was initially approved for PPP Loan of amount $724,500, the current approved amount is $724,500. The loan was approved on 04/28/2020 by The Legacy Bank reported 41 jobs and $724,500 was used to fund payroll.

Malanda inc is Existing or more than 2 years old

MALANDA INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MALANDA INC

Borrower Address

7 Cedar Grove Ln

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08873-1331

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

724500.00

Current Approval Amount

724500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1331

CD

NJ-12

Jobs Reported

41

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

724500.00

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

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

733918.50

Forgiveness Date

08/17/2021

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