PPP Loan information for Mar-eco inc

$842,418

Mar-eco inc was initially approved for PPP Loan of amount $842,418, the current approved amount is $842,418. The loan was approved on 02/09/2021 by The Farmers and Merchants Trust Company of Chambersburg reported 97 jobs and $842,418 was used to fund payroll.

Mar-eco inc is Existing or more than 2 years old

MAR-ECO INC

Date Approved

02/09/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MAR-ECO INC

Borrower Address

301 Walker Rd

Borrower City

Chambersburg

Borrower State

PA

Borrower Zip

17201-3507

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

842417.50

Current Approval Amount

842417.50

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

59936

Servicing Lender Name

Farmers and Merchants Trust Company of Chambersburg

Servicing Lender Address

20 S Main St

Servicing Lender City

CHAMBERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17201-2202

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chambersburg

Project County Name

FRANKLIN

Project State

PA

Project Zip

17201-3507

CD

PA-13

Jobs Reported

97

NAICS Code

441110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

842415.50

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

Corporation

Originating Lender Location Id

59936

Originating Lender

Farmers and Merchants Trust Company of Chambersburg

Originating Lender City

CHAMBERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

845716.97

Forgiveness Date

07/02/2021

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