PPP Loan information for Marion excavating co., inc.

$595,000

Marion excavating co., inc. was initially approved for PPP Loan of amount $595,000, the current approved amount is $595,000. The loan was approved on 06/05/2020 by The PeoplesBank reported 52 jobs and $595,000 was used to fund payroll.

Marion excavating co., inc. is Existing or more than 2 years old

MARION EXCAVATING CO., INC.

Date Approved

06/05/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

MARION EXCAVATING CO., INC.

Borrower Address

749 NEW LUDLOW RD

Borrower City

SOUTH HADLEY

Borrower State

MA

Borrower Zip

01075-2625

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

595000.00

Current Approval Amount

595000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32869

Servicing Lender Name

PeoplesBank

Servicing Lender Address

330 Whitney Ave

Servicing Lender City

HOLYOKE

Servicing Lender State

MA

Servicing Lender Zip

01040-2751

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH HADLEY

Project County Name

HAMPSHIRE

Project State

MA

Project Zip

01075-2625

CD

MA-01

Jobs Reported

52

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

595000.00

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

32869

Originating Lender

PeoplesBank

Originating Lender City

HOLYOKE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

597689.73

Forgiveness Date

12/14/2020

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