PPP Loan information for Malloy electric inc

$51,300

Malloy electric inc was initially approved for PPP Loan of amount $51,300, the current approved amount is $51,300. The loan was approved on 04/28/2020 by The Peoples Bank reported 5 jobs and $51,300 was used to fund payroll.

Malloy electric inc is Existing or more than 2 years old

PPP Loan Search / NC / LINCOLNTON / Malloy electric inc

MALLOY ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MALLOY ELECTRIC INC

Borrower Address

2489 Gateway Lane

Borrower City

LINCOLNTON

Borrower State

NC

Borrower Zip

28092

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51300.00

Current Approval Amount

51300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINCOLNTON

Project County Name

LINCOLN

Project State

NC

Project Zip

28092-0001

CD

NC-10

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51300.00

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

Subchapter S Corporation

Originating Lender Location Id

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51847.20

Forgiveness Date

05/26/2021

;