Malco Products, INC

$2,912,580 PPP Loan in Barberton, Ohio

Loan Details

Loan Number
9207767008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,912,580
Current Approval
$2,912,580
Forgiveness Amount
$2,951,827
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Malco Products, INC
Address
361 Fairview Avenue 0.0
State
Ohio
ZIP Code
44203-2774
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325612)
Business Age
Existing or more than 2 years old
Jobs Reported
245
Estimated Revenue
$243.0M
Rural/Urban
Urban
Congressional District
OH-13

Loan Use Breakdown

Payroll
$2,174,512
Utilities
$180,989
Health Care
$416,706
Mortgage Interest
$63,933
Debt Interest
$76,440

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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