PPP Loan information for Malco products sbc

$2,576,200

Malco products sbc was initially approved for PPP Loan of amount $2,576,200, the current approved amount is $2,576,200. The loan was approved on 04/10/2020 by The Lake Central Bank reported 186 jobs and $2,576,200 was used to fund payroll.

Malco products sbc is Existing or more than 2 years old

PPP Loan Search / MN / ANNANDALE / Malco products sbc

MALCO PRODUCTS SBC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MALCO PRODUCTS SBC

Borrower Address

14080 STATE HIGHWAY 55

Borrower City

ANNANDALE

Borrower State

MN

Borrower Zip

55302-3457

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2576200.00

Current Approval Amount

2576200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36601

Servicing Lender Name

Lake Central Bank

Servicing Lender Address

40 Chestnut St W

Servicing Lender City

ANNANDALE

Servicing Lender State

MN

Servicing Lender Zip

55302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNANDALE

Project County Name

WRIGHT

Project State

MN

Project Zip

55302-3457

CD

MN-06

Jobs Reported

186

NAICS Code

332216

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

76500.00

Payroll Proceed

2499700.00

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

Subchapter S Corporation

Originating Lender Location Id

36601

Originating Lender

Lake Central Bank

Originating Lender City

ANNANDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2607329.08

Forgiveness Date

06/24/2021

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