PPP Loan information for Marvin electric inc

$493,952

Marvin electric inc was initially approved for PPP Loan of amount $493,952, the current approved amount is $493,952. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 40 jobs and $493,952 was used to fund payroll.

Marvin electric inc is Existing or more than 2 years old

MARVIN ELECTRIC INC

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MARVIN ELECTRIC INC

Borrower Address

3711 HESSMER AVE

Borrower City

METAIRIE

Borrower State

LA

Borrower Zip

70002

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

493952.00

Current Approval Amount

493952.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

METAIRIE

Project County Name

JEFFERSON

Project State

LA

Project Zip

70002-0002

CD

LA-01

Jobs Reported

40

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

493952.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

500150.82

Forgiveness Date

07/22/2021

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