PPP Loan information for Mrg construction management

$329,500

Mrg construction management was initially approved for PPP Loan of amount $329,500, the current approved amount is $329,500. The loan was approved on 04/06/2020 by The Salem Five Cents Savings Bank reported 21 jobs and $329,500 was used to fund payroll.

Mrg construction management is Existing or more than 2 years old

PPP Loan Search / MA / PEABODY / Mrg construction management

MRG CONSTRUCTION MANAGEMENT

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MRG CONSTRUCTION MANAGEMENT

Borrower Address

3 CENTENNIAL DR

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-7906

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

329500.00

Current Approval Amount

329500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-7906

CD

MA-06

Jobs Reported

21

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

329500.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

332465.50

Forgiveness Date

03/08/2021

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