PPP Loan information for Marrel corporation

$114,527

Marrel corporation was initially approved for PPP Loan of amount $114,527, the current approved amount is $114,527. The loan was approved on 04/30/2020 by The Independent Bank reported 6 jobs and $114,527 was used to fund payroll.

Marrel corporation is Existing or more than 2 years old

PPP Loan Search / MI / ROCKFORD / Marrel corporation

MARREL CORPORATION

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MARREL CORPORATION

Borrower Address

4750 14 Mile Rd NE

Borrower City

ROCKFORD

Borrower State

MI

Borrower Zip

49341-8427

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114527.00

Current Approval Amount

114527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

KENT

Project State

MI

Project Zip

49341-8427

CD

MI-03

Jobs Reported

6

NAICS Code

332439

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

114527.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

115305.16

Forgiveness Date

01/12/2021

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