PPP Loan information for R. h. marcon inc.

$1,151,369

R. h. marcon inc. was initially approved for PPP Loan of amount $1,151,369, the current approved amount is $1,151,369. The loan was approved on 02/25/2021 by The Truist Bank reported 70 jobs and $1,151,369 was used to fund payroll.

R. h. marcon inc. is Existing or more than 2 years old

R. H. MARCON INC.

Date Approved

02/25/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

R. H. MARCON INC.

Borrower Address

2500 Clyde Ave

Borrower City

State College

Borrower State

PA

Borrower Zip

16801-7507

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1151369.00

Current Approval Amount

1151369.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

State College

Project County Name

CENTRE

Project State

PA

Project Zip

16801-7507

CD

PA-15

Jobs Reported

70

NAICS Code

238160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1151367.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1165793.09

Forgiveness Date

05/24/2022

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