PPP Loan information for Malaxmi inc

$51,878

Malaxmi inc was initially approved for PPP Loan of amount $51,800, the current approved amount is $51,878. The loan was approved on 04/07/2020 by The Schaumburg Bank & Trust Company, National Association reported 9 jobs and $51,878 was used to fund payroll.

Malaxmi inc is Existing or more than 2 years old

MALAXMI INC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MALAXMI INC

Borrower Address

2000 S MANNHEIM RD

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60018-2909

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51800.00

Current Approval Amount

51878.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222507

Servicing Lender Name

Schaumburg Bank & Trust Company, National Association

Servicing Lender Address

1180 E Higgins Rd

Servicing Lender City

SCHAUMBURG

Servicing Lender State

IL

Servicing Lender Zip

60173-4709

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60018-2909

CD

IL-08

Jobs Reported

9

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12969.50

Payroll Proceed

38908.50

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

222507

Originating Lender

Schaumburg Bank & Trust Company, National Association

Originating Lender City

SCHAUMBURG

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52281.50

Forgiveness Date

01/25/2021

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