Mallory Electric Company

$984,500 PPP Loan in Newport News, Virginia

Loan Details

Loan Number
4821267204
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$984,500
Current Approval
$984,500
Forgiveness Amount
$991,556
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mallory Electric Company
Address
900 Briarfield Road
ZIP Code
23605
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$25.3M
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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