PPP Loan information for Marquee cinemas inc.

$957,300

Marquee cinemas inc. was initially approved for PPP Loan of amount $986,200, the current approved amount is $957,300. The loan was approved on 04/11/2020 by The Summit Community Bank, Inc. reported 345 jobs and $957,300 was used to fund payroll.

Marquee cinemas inc. is Existing or more than 2 years old

PPP Loan Search / WV / BECKLEY / Marquee cinemas inc.

MARQUEE CINEMAS INC.

Date Approved

04/11/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

MARQUEE CINEMAS INC.

Borrower Address

552 RAGLAND RD

Borrower City

BECKLEY

Borrower State

WV

Borrower Zip

25801-9727

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

986200.00

Current Approval Amount

957300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BECKLEY

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-9727

CD

WV-01

Jobs Reported

345

NAICS Code

512131

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

91500.00

Payroll Proceed

765800.00

Mortgage Interest Proceed

100000.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

965250.91

Forgiveness Date

02/09/2021

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