PPP Loan information for Marlabs, inc.

$10,000,000

Marlabs, inc. was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/28/2020 by The KeyBank National Association reported 500 jobs and $10,000,000 was used to fund payroll.

Marlabs, inc. is Existing or more than 2 years old

MARLABS, INC.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MARLABS, INC.

Borrower Address

1 Corporate Place South

Borrower City

PISCATAWAY

Borrower State

NJ

Borrower Zip

08854

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PISCATAWAY

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08854-1400

CD

NJ-06

Jobs Reported

500

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

Subchapter S Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

10112602.74

Forgiveness Date

06/16/2021

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