PPP Loan information for Marx optical, inc.

$633,800

Marx optical, inc. was initially approved for PPP Loan of amount $633,800, the current approved amount is $633,800. The loan was approved on 04/11/2020 by The Peoples Bank of Alabama reported 65 jobs and $633,800 was used to fund payroll.

Marx optical, inc. is Existing or more than 2 years old

PPP Loan Search / AL / DECATUR / Marx optical, inc.

MARX OPTICAL, INC.

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MARX OPTICAL, INC.

Borrower Address

2620 Centron Drive Southwest

Borrower City

DECATUR

Borrower State

AL

Borrower Zip

35603-2500

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

633800.00

Current Approval Amount

633800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DECATUR

Project County Name

MORGAN

Project State

AL

Project Zip

35603-2500

CD

AL-05

Jobs Reported

65

NAICS Code

446130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

595455.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

38345.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

639486.59

Forgiveness Date

03/05/2021

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