PPP Loan information for Marr equipment corporation

$670,000

Marr equipment corporation was initially approved for PPP Loan of amount $670,000, the current approved amount is $670,000. The loan was approved on 04/24/2021 by The Santander Bank, National Association reported 70 jobs and $670,000 was used to fund payroll.

Marr equipment corporation is Existing or more than 2 years old

MARR EQUIPMENT CORPORATION

Date Approved

04/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MARR EQUIPMENT CORPORATION

Borrower Address

1 D St

Borrower City

South Boston

Borrower State

MA

Borrower Zip

02127-2401

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

670000.00

Current Approval Amount

670000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Boston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02127-2401

CD

MA-08

Jobs Reported

70

NAICS Code

238290

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

670000.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

672698.36

Forgiveness Date

10/04/2021

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