PPP Loan information for Malmberg development

$229,250

Malmberg development was initially approved for PPP Loan of amount $229,250, the current approved amount is $229,250. The loan was approved on 04/14/2020 by The Vibrant Credit Union reported 38 jobs and $229,250 was used to fund payroll.

Malmberg development is Existing or more than 2 years old

MALMBERG DEVELOPMENT

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MALMBERG DEVELOPMENT

Borrower Address

13875 Highway 13 S Ste100

Borrower City

SAVAGE

Borrower State

MN

Borrower Zip

55378-2151

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229250.00

Current Approval Amount

229250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95591

Servicing Lender Name

Vibrant Credit Union

Servicing Lender Address

1900 52nd Ave

Servicing Lender City

MOLINE

Servicing Lender State

IL

Servicing Lender Zip

61265-6380

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAVAGE

Project County Name

SCOTT

Project State

MN

Project Zip

55378-2151

CD

MN-02

Jobs Reported

38

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

229250.00

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

95591

Originating Lender

Vibrant Credit Union

Originating Lender City

MOLINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231178.21

Forgiveness Date

02/25/2021

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