PPP Loan information for Marcellos inc

$125,000

Marcellos inc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 35 jobs and $125,000 was used to fund payroll.

Marcellos inc is Existing or more than 2 years old

MARCELLOS INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MARCELLOS INC

Borrower Address

206 Farnsworth Avenue

Borrower City

Bordentown

Borrower State

NJ

Borrower Zip

08505

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bordentown

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08505-0001

CD

NJ-03

Jobs Reported

35

NAICS Code

722310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125000.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126297.95

Forgiveness Date

05/20/2021

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