PPP Loan information for Marathon development group inc.

$129,750

Marathon development group inc. was initially approved for PPP Loan of amount $129,750, the current approved amount is $129,750. The loan was approved on 04/14/2020 by The Atlantic Union Bank reported 8 jobs and $129,750 was used to fund payroll.

Marathon development group inc. is Existing or more than 2 years old

MARATHON DEVELOPMENT GROUP INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MARATHON DEVELOPMENT GROUP INC.

Borrower Address

207 Granby St STE#203

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23510

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

129750.00

Current Approval Amount

129750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23510-0001

CD

VA-03

Jobs Reported

8

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129750.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130611.40

Forgiveness Date

12/28/2020

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