PPP Loan information for Marco machine & design, inc

$160,000

Marco machine & design, inc was initially approved for PPP Loan of amount $160,000, the current approved amount is $160,000. The loan was approved on 04/11/2020 by The Truist Bank reported 13 jobs and $160,000 was used to fund payroll.

Marco machine & design, inc is Existing or more than 2 years old

MARCO MACHINE & DESIGN, INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MARCO MACHINE & DESIGN, INC

Borrower Address

7740 WHITEPINE RD

Borrower City

NORTH CHESTERFIELD

Borrower State

VA

Borrower Zip

23237-2213

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160000.00

Current Approval Amount

160000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH CHESTERFIELD

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23237-2213

CD

VA-04

Jobs Reported

13

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160000.00

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

Sole Proprietorship

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161880.00

Forgiveness Date

06/22/2021

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