PPP Loan information for Malco electric llc

$591,087

Malco electric llc was initially approved for PPP Loan of amount $591,087, the current approved amount is $591,087. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 40 jobs and $591,087 was used to fund payroll.

Malco electric llc is Existing or more than 2 years old

PPP Loan Search / NJ / Westville / Malco electric llc

MALCO ELECTRIC LLC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MALCO ELECTRIC LLC

Borrower Address

602 Ryan Ave Unit T-1

Borrower City

Westville

Borrower State

NJ

Borrower Zip

08093

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

591087.00

Current Approval Amount

591087.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westville

Project County Name

GLOUCESTER

Project State

NJ

Project Zip

08093-0001

CD

NJ-01

Jobs Reported

40

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

73885.86

Payroll Proceed

443315.28

Mortgage Interest Proceed

0.00

Rent Proceed

73885.86

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

596242.59

Forgiveness Date

03/05/2021

;