PPP Loan information for Mar electric contractors inc

$138,537

Mar electric contractors inc was initially approved for PPP Loan of amount $138,537, the current approved amount is $138,537. The loan was approved on 05/18/2021 by The Rockland Trust Company reported 9 jobs and $138,537 was used to fund payroll.

Mar electric contractors inc is Existing or more than 2 years old

PPP Loan Search / MA / Franklin / Mar electric contractors inc

MAR ELECTRIC CONTRACTORS INC

Date Approved

05/18/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MAR ELECTRIC CONTRACTORS INC

Borrower Address

67 Elm St # 0

Borrower City

Franklin

Borrower State

MA

Borrower Zip

02038-1540

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

138537.00

Current Approval Amount

138537.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

NORFOLK

Project State

MA

Project Zip

02038-1540

CD

MA-04

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

138534.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140068.60

Forgiveness Date

06/23/2022

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