PPP Loan information for John d. marcella and son appliances, inc.

$430,000

John d. marcella and son appliances, inc. was initially approved for PPP Loan of amount $430,000, the current approved amount is $430,000. The loan was approved on 04/12/2020 by The Pioneer Bank reported 54 jobs and $430,000 was used to fund payroll.

John d. marcella and son appliances, inc. is Existing or more than 2 years old

JOHN D. MARCELLA AND SON APPLIANCES, INC.

Date Approved

04/12/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

JOHN D. MARCELLA AND SON APPLIANCES, INC.

Borrower Address

560 Broadway

Borrower City

Schenectady

Borrower State

NY

Borrower Zip

12305

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

430000.00

Current Approval Amount

430000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50271

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

652 Albany Shaker Rd

Servicing Lender City

ALBANY

Servicing Lender State

NY

Servicing Lender Zip

12211

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Schenectady

Project County Name

SCHENECTADY

Project State

NY

Project Zip

12305-1000

CD

NY-20

Jobs Reported

54

NAICS Code

443141

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

430000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

50271

Originating Lender

Pioneer Bank

Originating Lender City

ALBANY

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

432332.60

Forgiveness Date

11/05/2020

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