Malaco, Inc.

$269,600 PPP Loan in Jackson, Mississippi

Loan Details

Loan Number
8537357110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$269,600
Current Approval
$269,600
Forgiveness Amount
$272,769
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Malaco, Inc.
Address
3023 West Northside Dr
ZIP Code
39213-4563
Business Type
Corporation
Industry (NAICS)
Information (512230)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MS-02

Loan Use Breakdown

Payroll
$202,200
Rent
$40,440
Utilities
$26,960

Lender Information

Servicing Lender
Southern Bancorp Bank
Originating Lender
Southern Bancorp Bank

Other PPP Loans in Jackson, MS

BusinessApproved
Neel Schaffer, INC$6,897,100NewBizBotAI Deep Dive
Delta Industries, Inc.$4,370,100NewBizBotAI Deep Dive
St. Dominic Medical Associates, LLC$4,297,530NewBizBotAI Deep Dive
Millsaps College$3,842,720NewBizBotAI Deep Dive
Central Mississippi Civic Improvement Association Incorporat$3,391,819NewBizBotAI Deep Dive

Want to research this company further?