PPP Loan information for Malco motors inc

$96,000

Malco motors inc was initially approved for PPP Loan of amount $96,000, the current approved amount is $96,000. The loan was approved on 04/05/2020 by The First Security Bank reported 9 jobs and $96,000 was used to fund payroll.

Malco motors inc is Existing or more than 2 years old

PPP Loan Search / AR / BENTON / Malco motors inc

MALCO MOTORS INC

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MALCO MOTORS INC

Borrower Address

16838 INTERSTATE 30

Borrower City

BENTON

Borrower State

AR

Borrower Zip

72019-2902

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96000.00

Current Approval Amount

96000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BENTON

Project County Name

SALINE

Project State

AR

Project Zip

72019-2902

CD

AR-02

Jobs Reported

9

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

96000.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

97106.67

Forgiveness Date

06/03/2021

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