PPP Loan information for Marlow electric company, inc

$42,872

Marlow electric company, inc was initially approved for PPP Loan of amount $42,872, the current approved amount is $42,872. The loan was approved on 07/24/2020 by The American Bank of the Carolinas d/b/a American Bank reported 9 jobs and $42,872 was used to fund payroll.

Marlow electric company, inc is Existing or more than 2 years old

MARLOW ELECTRIC COMPANY, INC

Date Approved

07/24/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MARLOW ELECTRIC COMPANY, INC

Borrower Address

936 SECREST HILL DR

Borrower City

MONROE

Borrower State

NC

Borrower Zip

28110-8791

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42872.00

Current Approval Amount

42872.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

525602

Servicing Lender Name

American Bank of the Carolinas d/b/a American Bank

Servicing Lender Address

3302-A W Hwy 74

Servicing Lender City

MONROE

Servicing Lender State

NC

Servicing Lender Zip

28110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

UNION

Project State

NC

Project Zip

28110-8791

CD

NC-08

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42872.00

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

Subchapter S Corporation

Originating Lender Location Id

525602

Originating Lender

American Bank of the Carolinas d/b/a American Bank

Originating Lender City

MONROE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43245.51

Forgiveness Date

06/15/2021

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