PPP Loan information for Marathon food and beverage inc.

$41,500

Marathon food and beverage inc. was initially approved for PPP Loan of amount $41,500, the current approved amount is $41,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 9 jobs and $41,500 was used to fund payroll.

Marathon food and beverage inc. is Existing or more than 2 years old

MARATHON FOOD AND BEVERAGE INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MARATHON FOOD AND BEVERAGE INC.

Borrower Address

1960 N RAND RD

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60074

Loan Status Date

06/30/2020

Loan Status

Charged Off

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

41500.00

Current Approval Amount

41500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60074-0100

CD

IL-05

Jobs Reported

9

NAICS Code

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

19000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

1500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;