Marcel Enterprises INC

$124,547 PPP Loan in Laredo, Texas

Loan Details

Loan Number
5561247206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$124,547
Current Approval
$124,547
Forgiveness Amount
$125,689
Forgiveness Date
Mar 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marcel Enterprises INC
Address
711 W. Hillside Rd
City
Laredo
State
Texas
ZIP Code
78041-6902
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
TX-28

Loan Use Breakdown

Payroll
$109,547
Rent
$10,000
Utilities
$5,000

Lender Information

Servicing Lender
Falcon International Bank
Originating Lender
Falcon International Bank

Other PPP Loans in Laredo, TX

BusinessApproved
Border Region Mhmr Community Center$8,258,970NewBizBotAI Deep Dive
Super Transport International Ltd$2,906,900NewBizBotAI Deep Dive
Champion Care, Inc.$2,815,745NewBizBotAI Deep Dive
Gateway Community Health Center, INC$2,781,055NewBizBotAI Deep Dive
A E D - Associates INC$2,498,200NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free