PPP Loan information for Marchel industries inc.

$317,468

Marchel industries inc. was initially approved for PPP Loan of amount $317,468, the current approved amount is $317,468. The loan was approved on 04/14/2020 by The The Park National Bank reported 37 jobs and $317,468 was used to fund payroll.

Marchel industries inc. is Existing or more than 2 years old

PPP Loan Search / SC / SPARTANBURG / Marchel industries inc.

MARCHEL INDUSTRIES INC.

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MARCHEL INDUSTRIES INC.

Borrower Address

100 Southwest Drive

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29303-6615

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

317468.00

Current Approval Amount

317468.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29303-6615

CD

SC-04

Jobs Reported

37

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

317468.00

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

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

321538.55

Forgiveness Date

08/05/2021

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