PPP Loan information for Marks metal technology inc

$518,420

Marks metal technology inc was initially approved for PPP Loan of amount $518,420, the current approved amount is $518,420. The loan was approved on 01/25/2021 by The Bank of America, National Association reported 41 jobs and $518,420 was used to fund payroll.

Marks metal technology inc is Existing or more than 2 years old

MARKS METAL TECHNOLOGY INC

Date Approved

01/25/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

MARKS METAL TECHNOLOGY INC

Borrower Address

10300 SE Jennifer St

Borrower City

Clackamas

Borrower State

OR

Borrower Zip

97015-9509

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

518420.00

Current Approval Amount

518420.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clackamas

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97015-9509

CD

OR-05

Jobs Reported

41

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

518418.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

522595.77

Forgiveness Date

11/17/2021

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