PPP Loan information for Marspec technical products

$174,618

Marspec technical products was initially approved for PPP Loan of amount $179,795, the current approved amount is $174,618. The loan was approved on 01/31/2021 by The Loan Source Incorporated reported 11 jobs and $174,618 was used to fund payroll.

Marspec technical products is Existing or more than 2 years old

MARSPEC TECHNICAL PRODUCTS

Date Approved

01/31/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MARSPEC TECHNICAL PRODUCTS

Borrower Address

30466 Sgt E I Boots Thomas Dr

Borrower City

Spanish Fort

Borrower State

AL

Borrower Zip

36527-7630

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

179795.00

Current Approval Amount

174618.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spanish Fort

Project County Name

BALDWIN

Project State

AL

Project Zip

36527-7630

CD

AL-01

Jobs Reported

11

NAICS Code

333415

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

174613.00

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175866.64

Forgiveness Date

11/08/2021

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