PPP Loan information for Malco products, inc

$2,912,580

Malco products, inc was initially approved for PPP Loan of amount $2,912,580, the current approved amount is $2,912,580. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 245 jobs and $2,912,580 was used to fund payroll.

Malco products, inc is Existing or more than 2 years old

PPP Loan Search / OH / Barberton / Malco products, inc

MALCO PRODUCTS, INC

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

MALCO PRODUCTS, INC

Borrower Address

361 Fairview Avenue 0.0

Borrower City

Barberton

Borrower State

OH

Borrower Zip

44203-2774

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2912580.00

Current Approval Amount

2912580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Barberton

Project County Name

SUMMIT

Project State

OH

Project Zip

44203-2774

CD

OH-13

Jobs Reported

245

NAICS Code

325612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

180989.00

Payroll Proceed

2174512.00

Mortgage Interest Proceed

63933.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

416706.00

Debt Interest Proceed

76440

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2951827.02

Forgiveness Date

08/19/2021

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