PPP Loan information for Marr equipment corporation

$2,043,900

Marr equipment corporation was initially approved for PPP Loan of amount $2,043,900, the current approved amount is $2,043,900. The loan was approved on 04/15/2020 by The Santander Bank, National Association reported 70 jobs and $2,043,900 was used to fund payroll.

Marr equipment corporation is Existing or more than 2 years old

PPP Loan Search / MA / South Boston / Marr equipment corporation

MARR EQUIPMENT CORPORATION

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MARR EQUIPMENT CORPORATION

Borrower Address

One D Street

Borrower City

South Boston

Borrower State

MA

Borrower Zip

02127

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2043900.00

Current Approval Amount

2043900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Boston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02127-0001

CD

MA-08

Jobs Reported

70

NAICS Code

532412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2043900.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2067418.85

Forgiveness Date

06/15/2021

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