PPP Loan information for Maranatha industries inc.

$196,692

Maranatha industries inc. was initially approved for PPP Loan of amount $185,087, the current approved amount is $196,692. The loan was approved on 02/23/2021 by The Salem Five Cents Savings Bank reported 11 jobs and $196,692 was used to fund payroll.

Maranatha industries inc. is Existing or more than 2 years old

PPP Loan Search / MA / WAKEFIELD / Maranatha industries inc.

MARANATHA INDUSTRIES INC.

Date Approved

02/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MARANATHA INDUSTRIES INC.

Borrower Address

20 Fitch Court

Borrower City

WAKEFIELD

Borrower State

MA

Borrower Zip

01880-3655

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

185087.00

Current Approval Amount

196692.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wakefield

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01880

CD

MA-06

Jobs Reported

11

NAICS Code

316110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

196692.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198440.37

Forgiveness Date

01/11/2022

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