Malco Electric LLC

$591,087 PPP Loan in Westville, New Jersey

Loan Details

Loan Number
8664467100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$591,087
Current Approval
$591,087
Forgiveness Amount
$596,243
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Malco Electric LLC
Address
602 Ryan Ave Unit T-1
ZIP Code
08093
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$13.2M
Rural/Urban
Urban
Congressional District
NJ-01

Loan Use Breakdown

Payroll
$443,315
Rent
$73,886
Utilities
$73,886

Lender Information

Servicing Lender
Fulton Bank, National Association
Originating Lender
Fulton Bank, National Association

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