PPP Loan information for Martelli enterprises inc

$500,000

Martelli enterprises inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 44 jobs and $500,000 was used to fund payroll.

Martelli enterprises inc is Existing or more than 2 years old

MARTELLI ENTERPRISES INC

Date Approved

04/13/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

MARTELLI ENTERPRISES INC

Borrower Address

5450 North W Street

Borrower City

PENSACOLA

Borrower State

FL

Borrower Zip

32505

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PENSACOLA

Project County Name

ESCAMBIA

Project State

FL

Project Zip

32505-1000

CD

FL-01

Jobs Reported

44

NAICS Code

451130

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

62500.00

Payroll Proceed

375000.00

Mortgage Interest Proceed

0.00

Rent Proceed

62500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

406111.12

Forgiveness Date

11/03/2022

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