PPP Loan information for Malone properties inc

$210,000

Malone properties inc was initially approved for PPP Loan of amount $210,000, the current approved amount is $210,000. The loan was approved on 04/05/2020 by The Community National Bank reported 21 jobs and $210,000 was used to fund payroll.

Malone properties inc is Existing or more than 2 years old

MALONE PROPERTIES INC

Date Approved

04/05/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

MALONE PROPERTIES INC

Borrower Address

338 River Street Unit 7

Borrower City

MONTPELIER

Borrower State

VT

Borrower Zip

05602-8242

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

210000.00

Current Approval Amount

210000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72972

Servicing Lender Name

Community National Bank

Servicing Lender Address

4811 US Rte 5

Servicing Lender City

DERBY

Servicing Lender State

VT

Servicing Lender Zip

05829

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTPELIER

Project County Name

WASHINGTON

Project State

VT

Project Zip

05602-8242

CD

VT-

Jobs Reported

21

NAICS Code

531390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

210000.00

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

72972

Originating Lender

Community National Bank

Originating Lender City

DERBY

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

211283.01

Forgiveness Date

11/27/2020

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