PPP Loan information for Marlectrics inc

$42,500

Marlectrics inc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/15/2020 by The TD Bank, National Association reported 3 jobs and $42,500 was used to fund payroll.

Marlectrics inc is Existing or more than 2 years old

PPP Loan Search / NJ / Absecon / Marlectrics inc

MARLECTRICS INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MARLECTRICS INC

Borrower Address

521 S 2ND AVE

Borrower City

Absecon

Borrower State

NJ

Borrower Zip

08205

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Absecon

Project County Name

ATLANTIC

Project State

NJ

Project Zip

08205-1113

CD

NJ-02

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

Partnership

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43021.81

Forgiveness Date

07/09/2021

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