PPP Loan information for Marold electric inc

$102,700

Marold electric inc was initially approved for PPP Loan of amount $102,700, the current approved amount is $102,700. The loan was approved on 04/04/2020 by The Town and Country Bank Midwest reported 8 jobs and $102,700 was used to fund payroll.

Marold electric inc is Existing or more than 2 years old

MAROLD ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MAROLD ELECTRIC INC

Borrower Address

129 S 10th St

Borrower City

QUINCY

Borrower State

IL

Borrower Zip

62301-4024

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102700.00

Current Approval Amount

102700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22400

Servicing Lender Name

Town and Country Bank Midwest

Servicing Lender Address

524 N 30th St

Servicing Lender City

QUINCY

Servicing Lender State

IL

Servicing Lender Zip

62301-3604

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

QUINCY

Project County Name

ADAMS

Project State

IL

Project Zip

62301-4024

CD

IL-15

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102700.00

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

22400

Originating Lender

Town and Country Bank Midwest

Originating Lender City

QUINCY

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103465.33

Forgiveness Date

01/07/2021

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