PPP Loan information for Marathon industries inc

$50,000

Marathon industries inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 01/28/2021 by The Santander Bank, National Association reported 5 jobs and $50,000 was used to fund payroll.

Marathon industries inc is Existing or more than 2 years old

MARATHON INDUSTRIES INC

Date Approved

01/28/2021

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MARATHON INDUSTRIES INC

Borrower Address

60 Dyerville Ave

Borrower City

Johnston

Borrower State

RI

Borrower Zip

02919-4408

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Johnston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02919-4408

CD

RI-02

Jobs Reported

5

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49999.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50224.66

Forgiveness Date

07/13/2021

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