PPP Loan information for The marathon group inc.

$1,160,930

The marathon group inc. was initially approved for PPP Loan of amount $1,160,930, the current approved amount is $1,160,930. The loan was approved on 01/22/2021 by The Vibrant Credit Union reported 45 jobs and $1,160,930 was used to fund payroll.

The marathon group inc. is Existing or more than 2 years old

THE MARATHON GROUP INC.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE MARATHON GROUP INC.

Borrower Address

3356 Gorham Ave

Borrower City

Minneapolis

Borrower State

MN

Borrower Zip

55426-4225

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1160930.00

Current Approval Amount

1160930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95591

Servicing Lender Name

Vibrant Credit Union

Servicing Lender Address

1900 52nd Ave

Servicing Lender City

MOLINE

Servicing Lender State

IL

Servicing Lender Zip

61265-6380

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minneapolis

Project County Name

HENNEPIN

Project State

MN

Project Zip

55426-4225

CD

MN-05

Jobs Reported

45

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1160926.00

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

95591

Originating Lender

Vibrant Credit Union

Originating Lender City

MOLINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

494465.50

Forgiveness Date

02/11/2022

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