PPP Loan information for Marion lodge inc.

$74,400

Marion lodge inc. was initially approved for PPP Loan of amount $74,400, the current approved amount is $74,400. The loan was approved on 04/08/2020 by The The Farmers & Merchants State Bank reported 15 jobs and $74,400 was used to fund payroll.

Marion lodge inc. is Existing or more than 2 years old

MARION LODGE INC.

Date Approved

04/08/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MARION LODGE INC.

Borrower Address

1842 Marion Mt. Gilead

Borrower City

MARION

Borrower State

OH

Borrower Zip

43302

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74400.00

Current Approval Amount

74400.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

MARION

Project State

OH

Project Zip

43302-0001

CD

OH-04

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74400.00

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64814.63

Forgiveness Date

12/09/2020

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