PPP Loan information for Marine propulsion, inc.

$28,907

Marine propulsion, inc. was initially approved for PPP Loan of amount $28,907, the current approved amount is $28,907. The loan was approved on 02/26/2021 by The First Guaranty Bank reported 2 jobs and $28,907 was used to fund payroll.

Marine propulsion, inc. is Existing or more than 2 years old

MARINE PROPULSION, INC.

Date Approved

02/26/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MARINE PROPULSION, INC.

Borrower Address

1505 Corbin Rd

Borrower City

Hammond

Borrower State

LA

Borrower Zip

70403-3809

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28907.08

Current Approval Amount

28907.08

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28259

Servicing Lender Name

First Guaranty Bank

Servicing Lender Address

400 E Thomas St

Servicing Lender City

HAMMOND

Servicing Lender State

LA

Servicing Lender Zip

70401-3320

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hammond

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70403-3809

CD

LA-05

Jobs Reported

2

NAICS Code

423860

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

28905.08

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

28259

Originating Lender

First Guaranty Bank

Originating Lender City

HAMMOND

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29277.72

Forgiveness Date

06/22/2022

;