Marano Electric INC

$420,000 PPP Loan in Sewell, New Jersey

Loan Details

Loan Number
4988898410
Date Approved
Feb 7, 2021
Loan Status
Paid in Full
Initial Approval
$420,000
Current Approval
$420,000
Forgiveness Amount
$424,177
Forgiveness Date
Feb 8, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Marano Electric INC
Address
20 Stonehenge Dr
City
Sewell
ZIP Code
08080-3624
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
$13.7M
Rural/Urban
Urban
Congressional District
NJ-01

Loan Use Breakdown

Payroll
$420,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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