MALTON ELECTRIC COMPANY

Summary of PPP (Paycheck Protection Program) Loan approved to MALTON ELECTRIC COMPANY by BMO Harris Bank National Association. The loan was approved on 4/27/2020 in the range of $350,000-1 million.

Business Information

Name:	MALTON ELECTRIC COMPANY 1505 W CHESTNUT STREET VIRGINIA, MN 55792
Business type:	Corporation Electrical Equipment, Appliance, and Component Manufacturing → Switchgear and Switchboard Apparatus Manufacturing
Non-profit:	No
Loan amount:	$350,000-1 million (50 Jobs retained)
Date approved:	April 27, 2020
Lender	BMO Harris Bank National Association

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.