PPP Loan information for Marcal, inc

$46,200

Marcal, inc was initially approved for PPP Loan of amount $46,200, the current approved amount is $46,200. The loan was approved on 04/28/2020 by The The Riddell National Bank reported 5 jobs and $46,200 was used to fund payroll.

Marcal, inc is Existing or more than 2 years old

PPP Loan Search / IN / SPENCER / Marcal, inc

MARCAL, INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MARCAL, INC

Borrower Address

190 S MAIN ST

Borrower City

SPENCER

Borrower State

IN

Borrower Zip

47460-1732

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46200.00

Current Approval Amount

46200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22967

Servicing Lender Name

The Riddell National Bank

Servicing Lender Address

1 E National Ave

Servicing Lender City

BRAZIL

Servicing Lender State

IN

Servicing Lender Zip

47834-2614

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

OWEN

Project State

IN

Project Zip

47460-1732

CD

IN-08

Jobs Reported

5

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

37000.00

Mortgage Interest Proceed

5200.00

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

22967

Originating Lender

The Riddell National Bank

Originating Lender City

BRAZIL

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46440.49

Forgiveness Date

11/05/2020

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