PPP Loan information for Marlen mfg & development co

$342,512

Marlen mfg & development co was initially approved for PPP Loan of amount $342,512, the current approved amount is $342,512. The loan was approved on 02/06/2021 by The U.S. Bank, National Association reported 56 jobs and $342,512 was used to fund payroll.

Marlen mfg & development co is Existing or more than 2 years old

MARLEN MFG & DEVELOPMENT CO

Date Approved

02/06/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MARLEN MFG & DEVELOPMENT CO

Borrower Address

5150 Richmond Rd

Borrower City

Bedford

Borrower State

OH

Borrower Zip

44146-1331

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

342512.00

Current Approval Amount

342512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bedford

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44146-1331

CD

OH-11

Jobs Reported

56

NAICS Code

339112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

342511.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

344433.87

Forgiveness Date

08/31/2021

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