PPP Loan information for Malvern power equipment inc.

$42,383

Malvern power equipment inc. was initially approved for PPP Loan of amount $42,383, the current approved amount is $42,383. The loan was approved on 04/06/2020 by The The Malvern National Bank reported 7 jobs and $42,383 was used to fund payroll.

Malvern power equipment inc. is Existing or more than 2 years old

PPP Loan Search / AR / MALVERN / Malvern power equipment inc.

MALVERN POWER EQUIPMENT INC.

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MALVERN POWER EQUIPMENT INC.

Borrower Address

1105 W MOLINE ST

Borrower City

MALVERN

Borrower State

AR

Borrower Zip

72104-2613

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42383.00

Current Approval Amount

42383.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4530

Servicing Lender Name

The Malvern National Bank

Servicing Lender Address

501 S Main St

Servicing Lender City

MALVERN

Servicing Lender State

AR

Servicing Lender Zip

72104-3836

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

HOT SPRING

Project State

AR

Project Zip

72104-2613

CD

AR-04

Jobs Reported

7

NAICS Code

444210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1507.00

Payroll Proceed

40594.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

282

Business Type

Subchapter S Corporation

Originating Lender Location Id

4530

Originating Lender

The Malvern National Bank

Originating Lender City

MALVERN

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

42733.68

Forgiveness Date

02/10/2021

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