PPP Loan information for Malstrom electric inc

$613,260

Malstrom electric inc was initially approved for PPP Loan of amount $613,260, the current approved amount is $613,260. The loan was approved on 02/05/2021 by The First National Bank of Pennsylvania reported 33 jobs and $613,260 was used to fund payroll.

Malstrom electric inc is Existing or more than 2 years old

PPP Loan Search / MD / Cockeysville / Malstrom electric inc

MALSTROM ELECTRIC INC

Date Approved

02/05/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MALSTROM ELECTRIC INC

Borrower Address

18 Old Padonia Rd

Borrower City

Cockeysville

Borrower State

MD

Borrower Zip

21030-4916

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

613260.00

Current Approval Amount

613260.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cockeysville

Project County Name

BALTIMORE

Project State

MD

Project Zip

21030-4916

CD

MD-02

Jobs Reported

33

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

613259.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

618686.93

Forgiveness Date

12/29/2021

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