PPP Loan information for Marion mold & tool inc

$711,800

Marion mold & tool inc was initially approved for PPP Loan of amount $711,800, the current approved amount is $711,800. The loan was approved on 04/05/2020 by The The Bank of Marion reported 44 jobs and $711,800 was used to fund payroll.

Marion mold & tool inc is Existing or more than 2 years old

PPP Loan Search / VA / MARION / Marion mold & tool inc

MARION MOLD & TOOL INC

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MARION MOLD & TOOL INC

Borrower Address

176 Rifton Drive

Borrower City

MARION

Borrower State

VA

Borrower Zip

24354-6786

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

711800.00

Current Approval Amount

711800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

SMYTH

Project State

VA

Project Zip

24354-6786

CD

VA-09

Jobs Reported

44

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

591800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100000.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

715973.29

Forgiveness Date

11/16/2020

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