PPP Loan information for Marine gears, inc.

$202,500

Marine gears, inc. was initially approved for PPP Loan of amount $202,500, the current approved amount is $202,500. The loan was approved on 04/28/2020 by The Guaranty Bank & Trust Company reported 24 jobs and $202,500 was used to fund payroll.

Marine gears, inc. is Existing or more than 2 years old

MARINE GEARS, INC.

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MARINE GEARS, INC.

Borrower Address

1690 HIGHWAY 1 North

Borrower City

GREENVILLE

Borrower State

MS

Borrower Zip

38701-7142

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202500.00

Current Approval Amount

202500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39146

Servicing Lender Name

Guaranty Bank & Trust Company

Servicing Lender Address

210 Hayden St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3636

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

WASHINGTON

Project State

MS

Project Zip

38701-7142

CD

MS-02

Jobs Reported

24

NAICS Code

488390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

202500.00

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

39146

Originating Lender

Guaranty Bank & Trust Company

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

203792.67

Forgiveness Date

12/21/2020

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