PPP Loan information for Marion motors

$37,943

Marion motors was initially approved for PPP Loan of amount $37,943, the current approved amount is $37,943. The loan was approved on 08/05/2020 by The Farmers and Merchants Trust Company of Chambersburg reported 5 jobs and $37,943 was used to fund payroll.

Marion motors is Existing or more than 2 years old

MARION MOTORS

Date Approved

08/05/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MARION MOTORS

Borrower Address

5839 Molly Pitcher Hwy

Borrower City

CHAMBERSBURG

Borrower State

PA

Borrower Zip

17202-7708

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37943.07

Current Approval Amount

37943.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59936

Servicing Lender Name

Farmers and Merchants Trust Company of Chambersburg

Servicing Lender Address

20 S Main St

Servicing Lender City

CHAMBERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17201-2202

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMBERSBURG

Project County Name

FRANKLIN

Project State

PA

Project Zip

17202-7708

CD

PA-13

Jobs Reported

5

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7588.62

Payroll Proceed

30354.45

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

Limited Liability Company(LLC)

Originating Lender Location Id

59936

Originating Lender

Farmers and Merchants Trust Company of Chambersburg

Originating Lender City

CHAMBERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38216.05

Forgiveness Date

04/22/2021

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