PPP Loan information for Mahlen investments ii inc

$160,000

Mahlen investments ii inc was initially approved for PPP Loan of amount $160,000, the current approved amount is $160,000. The loan was approved on 02/05/2021 by The Timberland Bank reported 10 jobs and $160,000 was used to fund payroll.

Mahlen investments ii inc is Existing or more than 2 years old

PPP Loan Search / WA / Hoquiam / Mahlen investments ii inc

MAHLEN INVESTMENTS II INC

Date Approved

02/05/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

MAHLEN INVESTMENTS II INC

Borrower Address

302 Lincoln St

Borrower City

Hoquiam

Borrower State

WA

Borrower Zip

98550-1409

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160000.00

Current Approval Amount

160000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79380

Servicing Lender Name

Timberland Bank

Servicing Lender Address

624 Simpson Ave

Servicing Lender City

HOQUIAM

Servicing Lender State

WA

Servicing Lender Zip

98550-3623

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hoquiam

Project County Name

GRAYS HARBOR

Project State

WA

Project Zip

98550-1409

CD

WA-06

Jobs Reported

10

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

159997.00

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

79380

Originating Lender

Timberland Bank

Originating Lender City

HOQUIAM

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161547.40

Forgiveness Date

02/01/2022

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