# PPP loan: MALTA DEVELOPMENT CO. INC
> **$275K** approved 03/12/2021 · Paid in Full · Loan `9556168500`
## Borrower
- **Name:** MALTA DEVELOPMENT CO. INC
- **Address:** 100 Madison Dr Ste 9, Ballston Spa, NY, 12020-2574
- **NAICS:** 236117
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 07/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $275K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*