PPP Loan information for Marcum's welding & steel processing inc.

$286,614

Marcum's welding & steel processing inc. was initially approved for PPP Loan of amount $286,614, the current approved amount is $286,614. The loan was approved on 02/04/2021 by The First Merchants Bank reported 25 jobs and $286,614 was used to fund payroll.

Marcum's welding & steel processing inc. is Existing or more than 2 years old

PPP Loan Search / IN / Morristown / Marcum's welding & steel processing inc.

MARCUM'S WELDING & STEEL PROCESSING INC.

Date Approved

02/04/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MARCUM'S WELDING & STEEL PROCESSING INC.

Borrower Address

500 N Range Line Rd

Borrower City

Morristown

Borrower State

IN

Borrower Zip

46161-9641

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

286613.75

Current Approval Amount

286613.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

SHELBY

Project State

IN

Project Zip

46161-9641

CD

IN-06

Jobs Reported

25

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

286609.75

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

288710.35

Forgiveness Date

11/05/2021

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