Marcotte INC

$332,700 PPP Loan in Toano, Virginia

Loan Details

Loan Number
5677497006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$332,700
Current Approval
$332,700
Forgiveness Amount
$335,565
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marcotte INC
Address
7793 Richmond Rd
City
Toano
ZIP Code
23168-9022
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
VA-01

Loan Use Breakdown

Payroll
$273,246
Rent
$40,000
Utilities
$5,500
Health Care
$9,304
Debt Interest
$4,650

Lender Information

Servicing Lender
Blue Ridge Bank, National Association
Originating Lender
Blue Ridge Bank National Association

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