PPP Loan information for Marglen industries, inc

$2,164,000

Marglen industries, inc was initially approved for PPP Loan of amount $2,164,000, the current approved amount is $2,164,000. The loan was approved on 04/15/2020 by The FirstBank reported 145 jobs and $2,164,000 was used to fund payroll.

Marglen industries, inc is Existing or more than 2 years old

MARGLEN INDUSTRIES, INC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MARGLEN INDUSTRIES, INC

Borrower Address

1748 Ward Mountain Road

Borrower City

Rome

Borrower State

GA

Borrower Zip

30161-3469

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2164000.00

Current Approval Amount

2164000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68822

Servicing Lender Name

FirstBank

Servicing Lender Address

211 Commerce St, Ste 300

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-1810

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rome

Project County Name

FLOYD

Project State

GA

Project Zip

30161-1100

CD

GA-14

Jobs Reported

145

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2164000.00

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

Corporation

Originating Lender Location Id

68822

Originating Lender

FirstBank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2192312.33

Forgiveness Date

08/06/2021

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