PPP Loan information for Malcom lumber & hardware, inc.

$151,500

Malcom lumber & hardware, inc. was initially approved for PPP Loan of amount $151,000, the current approved amount is $151,500. The loan was approved on 04/03/2020 by The Iowa State Bank reported 22 jobs and $151,500 was used to fund payroll.

Malcom lumber & hardware, inc. is Existing or more than 2 years old

MALCOM LUMBER & HARDWARE, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MALCOM LUMBER & HARDWARE, INC.

Borrower Address

815 West St

Borrower City

GRINNELL

Borrower State

IA

Borrower Zip

50112-2111

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151000.00

Current Approval Amount

151500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRINNELL

Project County Name

POWESHIEK

Project State

IA

Project Zip

50112-2111

CD

IA-02

Jobs Reported

22

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

151500.00

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

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

152430.04

Forgiveness Date

11/25/2020

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