PPP Loan information for Marathon electric inc.

$121,100

Marathon electric inc. was initially approved for PPP Loan of amount $121,100, the current approved amount is $121,100. The loan was approved on 02/03/2021 by The United Community Bank reported 11 jobs and $121,100 was used to fund payroll.

Marathon electric inc. is Existing or more than 2 years old

PPP Loan Search / GA / Marietta / Marathon electric inc.

MARATHON ELECTRIC INC.

Date Approved

02/03/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MARATHON ELECTRIC INC.

Borrower Address

4520 Canton Rd

Borrower City

Marietta

Borrower State

GA

Borrower Zip

30066-1014

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121100.00

Current Approval Amount

121100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marietta

Project County Name

COBB

Project State

GA

Project Zip

30066-1014

CD

GA-06

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

121095.00

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

Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121557.86

Forgiveness Date

06/23/2021

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