PPP Loan information for Malaco, inc.

$269,600

Malaco, inc. was initially approved for PPP Loan of amount $269,600, the current approved amount is $269,600. The loan was approved on 04/15/2020 by The Southern Bancorp Bank reported 25 jobs and $269,600 was used to fund payroll.

Malaco, inc. is Existing or more than 2 years old

PPP Loan Search / MS / JACKSON / Malaco, inc.

MALACO, INC.

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MALACO, INC.

Borrower Address

3023 WEST NORTHSIDE DR

Borrower City

JACKSON

Borrower State

MS

Borrower Zip

39213-4563

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

269600.00

Current Approval Amount

269600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

HINDS

Project State

MS

Project Zip

39213-4563

CD

MS-02

Jobs Reported

25

NAICS Code

512230

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26960.00

Payroll Proceed

202200.00

Mortgage Interest Proceed

0.00

Rent Proceed

40440.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

272768.72

Forgiveness Date

06/24/2021

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