PPP Loan information for Marathon sportswear, inc.

$400,000

Marathon sportswear, inc. was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/06/2020 by The Old Plank Trail Community Bank, National Association reported 41 jobs and $400,000 was used to fund payroll.

Marathon sportswear, inc. is Existing or more than 2 years old

PPP Loan Search / IL / BLUE ISLAND / Marathon sportswear, inc.

MARATHON SPORTSWEAR, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MARATHON SPORTSWEAR, INC.

Borrower Address

12757 S HOMAN AVE

Borrower City

BLUE ISLAND

Borrower State

IL

Borrower Zip

60406-1898

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLUE ISLAND

Project County Name

COOK

Project State

IL

Project Zip

60406-1898

CD

IL-01

Jobs Reported

41

NAICS Code

323113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

50000.00

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

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

392177.50

Forgiveness Date

11/03/2020

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