PPP Loan information for Margachel enterprises llc

$132,900

Margachel enterprises llc was initially approved for PPP Loan of amount $132,900, the current approved amount is $132,900. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 48 jobs and $132,900 was used to fund payroll.

Margachel enterprises llc is New Business or 2 years or less

MARGACHEL ENTERPRISES LLC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MARGACHEL ENTERPRISES LLC

Borrower Address

3907 COLONY RIDGE CT

Borrower City

JAMESTOWN

Borrower State

NC

Borrower Zip

27282-9099

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132900.00

Current Approval Amount

132900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

JAMESTOWN

Project County Name

GUILFORD

Project State

NC

Project Zip

27282-9099

CD

NC-06

Jobs Reported

48

NAICS Code

621610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

132900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

133799.35

Forgiveness Date

01/07/2021

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