As part of the Paycheck Protection Program MALLORY ELECTRIC COMPANY was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MALLORY ELECTRIC COMPANY


Loan Amount	$984,500
BusinessName	MALLORY ELECTRIC COMPANY
Address	900 Briarfield Road
City	NEWPORT NEWS
State	VA
Zip	23605
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	0
DateApproved	04/27/2020
Lender	Towne Bank
CD	VA-03
BusinessName.clean	MALLORY ELECTRIC COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MALLORY PAINT STORE
MALLORY SAFETY AND SUPPLY
MALLOY ALEXANDRIA
MALLOY AUTOMOTIVE OF WINCHESTER
MALLOY WINCHESTER