PPP Loan information for Marlyn development corporation

$450,500

Marlyn development corporation was initially approved for PPP Loan of amount $450,500, the current approved amount is $450,500. The loan was approved on 06/16/2020 by The TowneBank reported 29 jobs and $450,500 was used to fund payroll.

Marlyn development corporation is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Marlyn development corporation

MARLYN DEVELOPMENT CORPORATION

Date Approved

06/16/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MARLYN DEVELOPMENT CORPORATION

Borrower Address

308 35th Street Suite 101

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23451-2809

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

450500.00

Current Approval Amount

450500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-2809

CD

VA-02

Jobs Reported

29

NAICS Code

236116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

450500.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

453640.99

Forgiveness Date

02/25/2021

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