Mallory Electric Company

$984,500 PPP Loan in Newport News, Virginia

Loan Details

Loan Number
2475588406
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$984,500
Current Approval
$984,500
Forgiveness Amount
$988,684
Forgiveness Date
Jul 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mallory Electric Company
Address
900 Briarfield Rd
ZIP Code
23605-2404
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$19.7M
Rural/Urban
Urban
Congressional District
VA-03

Loan Use Breakdown

Payroll
$984,500

Lender Information

Servicing Lender
Townebank
Originating Lender
Townebank

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