PPP Loan information for Marchand oil, inc.

$69,500

Marchand oil, inc. was initially approved for PPP Loan of amount $69,500, the current approved amount is $69,500. The loan was approved on 05/19/2020 by The Enterprise Bank and Trust Company reported 6 jobs and $69,500 was used to fund payroll.

Marchand oil, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Chelmsford / Marchand oil, inc.

MARCHAND OIL, INC.

Date Approved

05/19/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MARCHAND OIL, INC.

Borrower Address

89 Stedman Street

Borrower City

Chelmsford

Borrower State

MA

Borrower Zip

01824-1825

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69500.00

Current Approval Amount

69500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chelmsford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01824-1825

CD

MA-03

Jobs Reported

6

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69500.00

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

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70102.33

Forgiveness Date

03/31/2021

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