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The Malouf Company, INC

$262,300 PPP Loan in Foley, Alabama

Loan Details

Loan Number
4410037004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$262,300
Current Approval
$262,300
Forgiveness Amount
$264,092
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Malouf Company, INC
Address
7745 Hwy 59 South
City
Foley
State
Alabama
ZIP Code
36535-3945
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423310)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$7.7M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$197,700
Utilities
$12,100
Debt Interest
$52,500

Lender Information

Servicing Lender
Merchants & Marine Bank
Originating Lender
Merchants & Marine Bank

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