PPP Loan information for Marchel company inc

$30,000

Marchel company inc was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 03/12/2021 by The Bank of America, National Association reported 4 jobs and $30,000 was used to fund payroll.

Marchel company inc is Existing or more than 2 years old

PPP Loan Search / MI / Farmington Hills / Marchel company inc

MARCHEL COMPANY INC

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MARCHEL COMPANY INC

Borrower Address

24400 Dohany Dr

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48336-1702

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48336-1702

CD

MI-11

Jobs Reported

4

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30147.12

Forgiveness Date

09/10/2021

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