PPP Loan information for Marcus lumber co corp

$508,255

Marcus lumber co corp was initially approved for PPP Loan of amount $508,255, the current approved amount is $508,255. The loan was approved on 04/14/2020 by The Farmers State Bank reported 38 jobs and $508,255 was used to fund payroll.

Marcus lumber co corp is Existing or more than 2 years old

PPP Loan Search / IA / MARCUS / Marcus lumber co corp

MARCUS LUMBER CO CORP

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MARCUS LUMBER CO CORP

Borrower Address

409 north locust

Borrower City

MARCUS

Borrower State

IA

Borrower Zip

51035-0666

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

508255.00

Current Approval Amount

508255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25229

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

106 E Cedar

Servicing Lender City

MARCUS

Servicing Lender State

IA

Servicing Lender Zip

51035

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARCUS

Project County Name

CHEROKEE

Project State

IA

Project Zip

51035-0666

CD

IA-04

Jobs Reported

38

NAICS Code

444110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

508255.00

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

Subchapter S Corporation

Originating Lender Location Id

25229

Originating Lender

Farmers State Bank

Originating Lender City

MARCUS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

512195.98

Forgiveness Date

01/28/2021

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