PPP Loan information for The malouf company, inc

$262,300

The malouf company, inc was initially approved for PPP Loan of amount $262,300, the current approved amount is $262,300. The loan was approved on 04/03/2020 by The Merchants & Marine Bank reported 25 jobs and $262,300 was used to fund payroll.

The malouf company, inc is Existing or more than 2 years old

PPP Loan Search / AL / FOLEY / The malouf company, inc

THE MALOUF COMPANY, INC

Date Approved

04/03/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE MALOUF COMPANY, INC

Borrower Address

7745 Hwy 59 South

Borrower City

FOLEY

Borrower State

AL

Borrower Zip

36535-3945

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262300.00

Current Approval Amount

262300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39666

Servicing Lender Name

Merchants & Marine Bank

Servicing Lender Address

3118 Pascagoula St

Servicing Lender City

PASCAGOULA

Servicing Lender State

MS

Servicing Lender Zip

39567-4215

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOLEY

Project County Name

BALDWIN

Project State

AL

Project Zip

36535-3945

CD

AL-01

Jobs Reported

25

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12100.00

Payroll Proceed

197700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

52500

Business Type

Corporation

Originating Lender Location Id

39666

Originating Lender

Merchants & Marine Bank

Originating Lender City

PASCAGOULA

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

264092.38

Forgiveness Date

12/17/2020

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