PPP Loan information for Marvatemp inc

$1,893,255

Marvatemp inc was initially approved for PPP Loan of amount $1,893,255, the current approved amount is $1,893,255. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 274 jobs and $1,893,255 was used to fund payroll.

Marvatemp inc is Existing or more than 2 years old

MARVATEMP INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MARVATEMP INC

Borrower Address

106 Western Maryland Parkway

Borrower City

Hagerstown

Borrower State

MD

Borrower Zip

21740

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1893255.00

Current Approval Amount

1893255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hagerstown

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-0900

CD

MD-06

Jobs Reported

274

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3172.00

Payroll Proceed

1821499.00

Mortgage Interest Proceed

0.00

Rent Proceed

36888.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25696.00

Debt Interest Proceed

6000

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1914729.18

Forgiveness Date

06/10/2021

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