Marano Electric INC
$312,500 PPP Loan in Sewel, New Jersey
Loan Details
- Loan Number
- 8098197107
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $312,500
- Current Approval
- $312,500
- Forgiveness Amount
- $316,036
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Marano Electric INC
- Address
- 20 Stonehenge Drive
- City
- Sewel
- State
- New Jersey
- ZIP Code
- 08080
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 11
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- NJ-01
Loan Use Breakdown
- Payroll
- $210,000
- Health Care
- $102,500
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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