PPP Loan information for M b automotive inc

$77,231

M b automotive inc was initially approved for PPP Loan of amount $66,125, the current approved amount is $77,231. The loan was approved on 04/10/2020 by The Bank of America, National Association reported 5 jobs and $77,231 was used to fund payroll.

M b automotive inc is Existing or more than 2 years old

M B AUTOMOTIVE INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

M B AUTOMOTIVE INC

Borrower Address

1190 S WOLF RD

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60016-6156

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66125.00

Current Approval Amount

77231.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60016-6156

CD

IL-08

Jobs Reported

5

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77231.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77908.09

Forgiveness Date

02/25/2021

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