PPP Loan information for Marcel enterprises inc

$124,547

Marcel enterprises inc was initially approved for PPP Loan of amount $124,547, the current approved amount is $124,547. The loan was approved on 04/27/2020 by The Falcon International Bank reported 29 jobs and $124,547 was used to fund payroll.

Marcel enterprises inc is Existing or more than 2 years old

PPP Loan Search / TX / LAREDO / Marcel enterprises inc

MARCEL ENTERPRISES INC

Date Approved

04/27/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MARCEL ENTERPRISES INC

Borrower Address

711 W. Hillside Rd

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78041-6902

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124547.00

Current Approval Amount

124547.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110490

Servicing Lender Name

Falcon International Bank

Servicing Lender Address

7718 McPherson Rd

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78045-2805

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78041-6902

CD

TX-28

Jobs Reported

29

NAICS Code

722513

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

109547.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

110490

Originating Lender

Falcon International Bank

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125688.68

Forgiveness Date

03/29/2021

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