PPP Loan information for Marathon electric

$285,900

Marathon electric was initially approved for PPP Loan of amount $285,900, the current approved amount is $285,900. The loan was approved on 04/06/2020 by The Commercial State Bank reported 20 jobs and $285,900 was used to fund payroll.

Marathon electric is Existing or more than 2 years old

PPP Loan Search / NE / ELKHORN / Marathon electric

MARATHON ELECTRIC

Date Approved

04/06/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

MARATHON ELECTRIC

Borrower Address

20512 Nicholas Circle

Borrower City

ELKHORN

Borrower State

NE

Borrower Zip

68022-2765

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

285900.00

Current Approval Amount

285900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42702

Servicing Lender Name

Commercial State Bank

Servicing Lender Address

519 E Broadway

Servicing Lender City

WAUSA

Servicing Lender State

NE

Servicing Lender Zip

68786

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKHORN

Project County Name

DOUGLAS

Project State

NE

Project Zip

68022-2765

CD

NE-02

Jobs Reported

20

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

285900.00

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

42702

Originating Lender

Commercial State Bank

Originating Lender City

WAUSA

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

287662.40

Forgiveness Date

11/30/2020

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