PPP Loan information for Marc inc

$875,000

Marc inc was initially approved for PPP Loan of amount $875,000, the current approved amount is $875,000. The loan was approved on 04/05/2020 by The Community National Bank reported 173 jobs and $875,000 was used to fund payroll.

Marc inc is Existing or more than 2 years old

MARC INC

Date Approved

04/05/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

MARC INC

Borrower Address

2701 N A ST

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79705-6611

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

875000.00

Current Approval Amount

875000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71446

Servicing Lender Name

Community National Bank

Servicing Lender Address

500 W Illinios Ave

Servicing Lender City

MIDLAND

Servicing Lender State

TX

Servicing Lender Zip

79701-4234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79705-6611

CD

TX-11

Jobs Reported

173

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

875000.00

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

Non-Profit Organization

Originating Lender Location Id

71446

Originating Lender

Community National Bank

Originating Lender City

MIDLAND

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

880590.28

Forgiveness Date

11/27/2020

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