PPP Loan information for Marathon systems, inc.

$275,400

Marathon systems, inc. was initially approved for PPP Loan of amount $275,400, the current approved amount is $275,400. The loan was approved on 04/05/2020 by The Citizens Bank reported 90 jobs and $275,400 was used to fund payroll.

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

MARATHON SYSTEMS, INC.

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MARATHON SYSTEMS, INC.

Borrower Address

7150 S LOOMIS RD

Borrower City

WATERFORD

Borrower State

WI

Borrower Zip

53185-2143

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275400.00

Current Approval Amount

275400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76551

Servicing Lender Name

Citizens Bank

Servicing Lender Address

301 N Rochester St

Servicing Lender City

MUKWONAGO

Servicing Lender State

WI

Servicing Lender Zip

53149-1342

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERFORD

Project County Name

RACINE

Project State

WI

Project Zip

53185-2143

CD

WI-01

Jobs Reported

90

NAICS Code

561720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

275400.00

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

Corporation

Originating Lender Location Id

76551

Originating Lender

Citizens Bank

Originating Lender City

MUKWONAGO

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

277995.55

Forgiveness Date

03/24/2021

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