PPP Loan information for Marco's restaurant inc.

$368,035

Marco's restaurant inc. was initially approved for PPP Loan of amount $368,035, the current approved amount is $368,035. The loan was approved on 02/24/2021 by The Truist Bank reported 35 jobs and $368,035 was used to fund payroll.

Marco's restaurant inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Marlton / Marco's restaurant inc.

MARCO'S RESTAURANT INC.

Date Approved

02/24/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MARCO'S RESTAURANT INC.

Borrower Address

115 Elmwood Rd S

Borrower City

Marlton

Borrower State

NJ

Borrower Zip

08053-2564

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

368034.94

Current Approval Amount

368034.94

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

Marlton

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08053-2564

CD

NJ-03

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

368032.94

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

371756.18

Forgiveness Date

03/10/2022

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