PPP Loan information for Malo electric

$9,500

Malo electric was initially approved for PPP Loan of amount $9,500, the current approved amount is $9,500. The loan was approved on 06/08/2020 by The Rolette State Bank reported 1 jobs and $9,500 was used to fund payroll.

Malo electric is Existing or more than 2 years old

PPP Loan Search / ND / ROLLA / Malo electric

MALO ELECTRIC

Date Approved

06/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MALO ELECTRIC

Borrower Address

806 6TH ST

Borrower City

ROLLA

Borrower State

ND

Borrower Zip

58367-7313

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

9500.00

Current Approval Amount

9500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52941

Servicing Lender Name

Rolette State Bank

Servicing Lender Address

209 Main St

Servicing Lender City

ROLETTE

Servicing Lender State

ND

Servicing Lender Zip

58366

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROLLA

Project County Name

ROLETTE

Project State

ND

Project Zip

58367-7313

CD

ND-

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

9500.00

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

Sole Proprietorship

Originating Lender Location Id

52941

Originating Lender

Rolette State Bank

Originating Lender City

ROLETTE

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

8542.15

Forgiveness Date

12/09/2020

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