PPP Loan information for M & b alba corp

$72,500

M & b alba corp was initially approved for PPP Loan of amount $72,500, the current approved amount is $72,500. The loan was approved on 05/05/2020 by The Old National Bank reported 8 jobs and $72,500 was used to fund payroll.

M & b alba corp is New Business or 2 years or less

M & B ALBA CORP

Date Approved

05/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

M & B ALBA CORP

Borrower Address

933 W Rand Rd

Borrower City

Arlington Heights

Borrower State

IL

Borrower Zip

60004-2337

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72500.00

Current Approval Amount

72500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Arlington Heights

Project County Name

COOK

Project State

IL

Project Zip

60004-2337

CD

IL-05

Jobs Reported

8

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72500.00

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

Cooperative

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73297.50

Forgiveness Date

06/08/2021

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