PPP Loan information for Marut electric service corp

$100,405

Marut electric service corp was initially approved for PPP Loan of amount $100,405, the current approved amount is $100,405. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $100,405 was used to fund payroll.

Marut electric service corp is New Business or 2 years or less

MARUT ELECTRIC SERVICE CORP

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MARUT ELECTRIC SERVICE CORP

Borrower Address

609 OAK AVE

Borrower City

MAYWOOD

Borrower State

NJ

Borrower Zip

07607-1515

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100405.00

Current Approval Amount

100405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MAYWOOD

Project County Name

BERGEN

Project State

NJ

Project Zip

07607-1515

CD

NJ-09

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100405.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101252.25

Forgiveness Date

03/10/2021

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