PPP Loan information for Marconn enterprises inc

$699,400

Marconn enterprises inc was initially approved for PPP Loan of amount $699,400, the current approved amount is $699,400. The loan was approved on 01/23/2021 by The TowneBank reported 69 jobs and $699,400 was used to fund payroll.

Marconn enterprises inc is Existing or more than 2 years old

PPP Loan Search / VA / Yorktown / Marconn enterprises inc

MARCONN ENTERPRISES INC

Date Approved

01/23/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MARCONN ENTERPRISES INC

Borrower Address

323 Water St # A1

Borrower City

Yorktown

Borrower State

VA

Borrower Zip

23690-2200

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

699400.00

Current Approval Amount

699400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Yorktown

Project County Name

YORK

Project State

VA

Project Zip

23690-2200

CD

VA-01

Jobs Reported

69

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

699395.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

707967.65

Forgiveness Date

04/19/2022

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