PPP Loan information for Marrakech inc

$1,611,082

Marrakech inc was initially approved for PPP Loan of amount $1,611,082, the current approved amount is $1,611,082. The loan was approved on 05/02/2021 by The Newtown Savings Bank reported 266 jobs and $1,611,082 was used to fund payroll.

Marrakech inc is Existing or more than 2 years old

MARRAKECH INC

Date Approved

05/02/2021

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MARRAKECH INC

Borrower Address

6 Lunar Dr

Borrower City

Woodbridge

Borrower State

CT

Borrower Zip

06525-2322

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1611082.00

Current Approval Amount

1611082.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16403

Servicing Lender Name

Newtown Savings Bank

Servicing Lender Address

39 Main St

Servicing Lender City

NEWTOWN

Servicing Lender State

CT

Servicing Lender Zip

06470-2134

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woodbridge

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06525-2322

CD

CT-03

Jobs Reported

266

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1611077.00

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

16403

Originating Lender

Newtown Savings Bank

Originating Lender City

NEWTOWN

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1622404.33

Forgiveness Date

01/21/2022

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