PPP Loan information for Marc motors inc

$738,618

Marc motors inc was initially approved for PPP Loan of amount $738,618, the current approved amount is $738,618. The loan was approved on 04/09/2020 by The Camden National Bank reported 38 jobs and $738,618 was used to fund payroll.

Marc motors inc is Existing or more than 2 years old

PPP Loan Search / ME / Sanford / Marc motors inc

MARC MOTORS INC

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MARC MOTORS INC

Borrower Address

1744 Main St

Borrower City

Sanford

Borrower State

ME

Borrower Zip

04073-2457

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

738617.50

Current Approval Amount

738617.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29633

Servicing Lender Name

Camden National Bank

Servicing Lender Address

2 Elm St

Servicing Lender City

CAMDEN

Servicing Lender State

ME

Servicing Lender Zip

04843-1947

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sanford

Project County Name

YORK

Project State

ME

Project Zip

04073-2457

CD

ME-01

Jobs Reported

38

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

738617.50

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

29633

Originating Lender

Camden National Bank

Originating Lender City

CAMDEN

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

745141.95

Forgiveness Date

03/05/2021

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