Malco Products Sbc
$2,576,200 PPP Loan in Annandale, Minnesota
Loan Details
- Loan Number
- 1853597101
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,576,200
- Current Approval
- $2,576,200
- Forgiveness Amount
- $2,607,329
- Forgiveness Date
- Jun 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Malco Products Sbc
- Address
- 14080 State Highway 55
- City
- Annandale
- State
- Minnesota
- ZIP Code
- 55302-3457
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332216)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 186
- Estimated Revenue
- $45.5M
- Rural/Urban
- Rural
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $2,499,700
- Utilities
- $76,500
Lender Information
- Servicing Lender
- Lake Central Bank
- Originating Lender
- Lake Central Bank
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