PPP Loan information for Malone construction inc.

$37,800

Malone construction inc. was initially approved for PPP Loan of amount $37,800, the current approved amount is $37,800. The loan was approved on 04/28/2020 by The Wadena State Bank reported 3 jobs and $37,800 was used to fund payroll.

Malone construction inc. is Existing or more than 2 years old

MALONE CONSTRUCTION INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MALONE CONSTRUCTION INC.

Borrower Address

32148 595TH AVE

Borrower City

WADENA

Borrower State

MN

Borrower Zip

56482-5021

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37800.00

Current Approval Amount

37800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38987

Servicing Lender Name

Wadena State Bank

Servicing Lender Address

304 1st St SE

Servicing Lender City

WADENA

Servicing Lender State

MN

Servicing Lender Zip

56482-1504

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WADENA

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56482-5021

CD

MN-07

Jobs Reported

3

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37800.00

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

38987

Originating Lender

Wadena State Bank

Originating Lender City

WADENA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37970.10

Forgiveness Date

10/13/2020

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