PPP Loan information for Marway power systems, inc.

$555,402

Marway power systems, inc. was initially approved for PPP Loan of amount $555,402, the current approved amount is $555,402. The loan was approved on 04/27/2020 by The WebBank reported 49 jobs and $555,402 was used to fund payroll.

Marway power systems, inc. is Existing or more than 2 years old

MARWAY POWER SYSTEMS, INC.

Date Approved

04/27/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

MARWAY POWER SYSTEMS, INC.

Borrower Address

1721 S Grand Ave

Borrower City

Santa Ana

Borrower State

CA

Borrower Zip

92705

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

555402.00

Current Approval Amount

555402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Santa Ana

Project County Name

ORANGE

Project State

CA

Project Zip

92705-1000

CD

CA-46

Jobs Reported

49

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

555402.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

562545.09

Forgiveness Date

08/05/2021

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