PPP Loan information for Marchione electric inc

$104,475

Marchione electric inc was initially approved for PPP Loan of amount $104,475, the current approved amount is $104,475. The loan was approved on 02/08/2021 by The Bank of America, National Association reported 6 jobs and $104,475 was used to fund payroll.

Marchione electric inc is Existing or more than 2 years old

PPP Loan Search / IL / Blue Island / Marchione electric inc

MARCHIONE ELECTRIC INC

Date Approved

02/08/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MARCHIONE ELECTRIC INC

Borrower Address

3242 Wireton Rd

Borrower City

Blue Island

Borrower State

IL

Borrower Zip

60406-1867

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

104475.00

Current Approval Amount

104475.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Blue Island

Project County Name

COOK

Project State

IL

Project Zip

60406-1867

CD

IL-01

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

104475.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

105081.81

Forgiveness Date

09/10/2021

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