PPP Loan information for The marrano/marc-equity corporation

$906,900

The marrano/marc-equity corporation was initially approved for PPP Loan of amount $906,900, the current approved amount is $906,900. The loan was approved on 04/03/2020 by The Five Star Bank reported 59 jobs and $906,900 was used to fund payroll.

The marrano/marc-equity corporation is Existing or more than 2 years old

THE MARRANO/MARC-EQUITY CORPORATION

Date Approved

04/03/2020

SBA Office Code

0296

Processing Method

PPP

Borrower Name

THE MARRANO/MARC-EQUITY CORPORATION

Borrower Address

2730 Transit Road

Borrower City

BUFFALO

Borrower State

NY

Borrower Zip

14224-2523

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

906900.00

Current Approval Amount

906900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50167

Servicing Lender Name

Five Star Bank

Servicing Lender Address

55 N Main St

Servicing Lender City

WARSAW

Servicing Lender State

NY

Servicing Lender Zip

14569-1325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO

Project County Name

ERIE

Project State

NY

Project Zip

14224-2523

CD

NY-23

Jobs Reported

59

NAICS Code

238390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20946.00

Payroll Proceed

725554.00

Mortgage Interest Proceed

0.00

Rent Proceed

65000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40400.00

Debt Interest Proceed

55000

Business Type

Corporation

Originating Lender Location Id

50167

Originating Lender

Five Star Bank

Originating Lender City

WARSAW

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

902680.02

Forgiveness Date

12/09/2020

;