PPP Loan information for Marcotte inc

$332,700

Marcotte inc was initially approved for PPP Loan of amount $332,700, the current approved amount is $332,700. The loan was approved on 04/06/2020 by The Blue Ridge Bank, National Association reported 22 jobs and $332,700 was used to fund payroll.

Marcotte inc is Existing or more than 2 years old

PPP Loan Search / VA / TOANO / Marcotte inc

MARCOTTE INC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MARCOTTE INC

Borrower Address

7793 Richmond Rd

Borrower City

TOANO

Borrower State

VA

Borrower Zip

23168-9022

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332700.00

Current Approval Amount

332700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOANO

Project County Name

JAMES CITY

Project State

VA

Project Zip

23168-9022

CD

VA-01

Jobs Reported

22

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5500.00

Payroll Proceed

273246.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9304.00

Debt Interest Proceed

4650

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

335564.92

Forgiveness Date

02/17/2021

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