PPP Loan information for M and b inc

$282,000

M and b inc was initially approved for PPP Loan of amount $282,000, the current approved amount is $282,000. The loan was approved on 04/28/2020 by The Enterprise Bank and Trust Company reported 36 jobs and $282,000 was used to fund payroll.

M and b inc is New Business or 2 years or less

M AND B INC

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

M AND B INC

Borrower Address

599 BOSTON RD

Borrower City

BILLERICA

Borrower State

MA

Borrower Zip

01821-2714

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

282000.00

Current Approval Amount

282000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BILLERICA

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01821-2714

CD

MA-03

Jobs Reported

36

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

282000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

284373.50

Forgiveness Date

03/08/2021

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