PPP Loan information for Malts, inc

$284,300

Malts, inc was initially approved for PPP Loan of amount $284,300, the current approved amount is $284,300. The loan was approved on 01/17/2021 by The Consumers National Bank reported 65 jobs and $284,300 was used to fund payroll.

Malts, inc is Existing or more than 2 years old

MALTS, INC

Date Approved

01/17/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MALTS, INC

Borrower Address

4335 Massillon Rd

Borrower City

North Canton

Borrower State

OH

Borrower Zip

44720-1141

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

284300.00

Current Approval Amount

284300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57854

Servicing Lender Name

Consumers National Bank

Servicing Lender Address

614 E Lincoln Way

Servicing Lender City

MINERVA

Servicing Lender State

OH

Servicing Lender Zip

44657-2009

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Canton

Project County Name

SUMMIT

Project State

OH

Project Zip

44720-1141

CD

OH-13

Jobs Reported

65

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

284299.00

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

57854

Originating Lender

Consumers National Bank

Originating Lender City

MINERVA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

286598.09

Forgiveness Date

11/10/2021

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