Current business record

MALSTROM ELECTRIC INC

We found 3 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$350,000–1 million
Filed business name
MALSTROM ELECTRIC INC
Approval date
Feb 5, 2021
Initial approval amount
$613,260.00
Current approval amount
$613,260.00
Loan status
Paid in Full (Jan 15, 2022)
Forgiveness amount
$618,686.93
Jobs reported
33
Address
18 Old Padonia Rd
Cockeysville, MD 21030-4916
Lender
First National Bank of Pennsylvania
NAICS code
236220
Business type
Corporation
Congressional district
MD-02

Loan 2

$350,000–1 million
Filed business name
MALSTROM ELECTRIC INC
Approval date
Apr 7, 2020
Initial approval amount
$489,325.00
Current approval amount
$489,325.00
Loan status
Paid in Full (Feb 20, 2021)
Forgiveness amount
$492,891.04
Jobs reported
33
Address
18 OLD PADONIA RD
COCKEYSVILLE, MD 21030-4916
Lender
First National Bank of Pennsylvania
NAICS code
238210
Business type
Corporation
Congressional district
MD-02

Loan 3

$150,000–350,000
Filed business name
MALSTROM ELECTRIC, INC.
Approval date
Apr 5, 2020
Initial approval amount
$182,600.00
Current approval amount
$182,600.00
Loan status
Paid in Full (Jan 16, 2021)
Forgiveness amount
$183,959.36
Jobs reported
15
Address
12375 COUNTY HIGHWAY 17
DETROIT LAKES, MN 56501-7222
Lender
Bell Bank
NAICS code
238210
Business type
Corporation
Congressional district
MN-07