The Marrano/marc-Equity Corporation
$906,900 PPP Loan in Buffalo, New York
Loan Details
- Loan Number
- 4444147000
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $906,900
- Current Approval
- $906,900
- Forgiveness Amount
- $912,763
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Marrano/marc-Equity Corporation
- Address
- 2730 Transit Road
- City
- Buffalo
- State
- New York
- ZIP Code
- 14224-2523
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238390)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 59
- Estimated Revenue
- $10.1M
- Rural/Urban
- Urban
- Congressional District
- NY-23
Loan Use Breakdown
- Payroll
- $725,554
- Rent
- $65,000
- Utilities
- $20,946
- Health Care
- $40,400
- Debt Interest
- $55,000
Lender Information
- Servicing Lender
- Five Star Bank
- Originating Lender
- Five Star Bank
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|---|---|---|
| Erie County Medical Center Corporation | $10,000,000 | |
| Buffalo Medical Group, P.c. | $10,000,000 | |
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| Ferguson Electric Construction Co., Inc. | $10,000,000 | |
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