Marion Mold & Tool INC
$711,800 PPP Loan in Marion, Virginia
Loan Details
- Loan Number
- 5372637010
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $711,800
- Current Approval
- $711,800
- Forgiveness Amount
- $715,973
- Forgiveness Date
- Nov 16, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Marion Mold & Tool INC
- Address
- 176 Rifton Drive
- City
- Marion
- State
- Virginia
- ZIP Code
- 24354-6786
- Business Type
- Employee Stock Ownership Plan(esop)
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 44
- Estimated Revenue
- $10.8M
- Rural/Urban
- Rural
- Congressional District
- VA-09
Loan Use Breakdown
- Payroll
- $591,800
- Utilities
- $20,000
- Health Care
- $100,000
Lender Information
- Servicing Lender
- The Bank of Marion
- Originating Lender
- The Bank of Marion
Other PPP Loans in Marion, VA
| Business | Approved | |
|---|---|---|
| Marion Mold & Tool Inc. | $711,860 |  Research |
| Envision Eye Care | $554,992 | Research |
| Richardson Ambulance Service LLC | $552,900 | Research |
| Lane Engineering, Inc. | $494,000 | Research |
| Envision Eye Care | $461,300 | Research |
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