PPP Loan information for Marchi electric inc

$56,527

Marchi electric inc was initially approved for PPP Loan of amount $56,527, the current approved amount is $56,527. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 2 jobs and $56,527 was used to fund payroll.

Marchi electric inc is Existing or more than 2 years old

PPP Loan Search / MO / FENTON / Marchi electric inc

MARCHI ELECTRIC INC

Date Approved

04/15/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MARCHI ELECTRIC INC

Borrower Address

922 ARLINGTON DR

Borrower City

FENTON

Borrower State

MO

Borrower Zip

63026

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56527.00

Current Approval Amount

56527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FENTON

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63026-0001

CD

MO-08

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56527.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56939.96

Forgiveness Date

01/07/2021

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