PPP Loan information for M-b excavating inc

$48,200

M-b excavating inc was initially approved for PPP Loan of amount $48,200, the current approved amount is $48,200. The loan was approved on 04/03/2020 by The Coastal Heritage Bank reported 7 jobs and $48,200 was used to fund payroll.

M-b excavating inc is Existing or more than 2 years old

M-B EXCAVATING INC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

M-B EXCAVATING INC

Borrower Address

1271 WASHINGTON ST

Borrower City

EAST WEYMOUTH

Borrower State

MA

Borrower Zip

02189-2316

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48200.00

Current Approval Amount

48200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89718

Servicing Lender Name

Coastal Heritage Bank

Servicing Lender Address

744 Broad St

Servicing Lender City

EAST WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02189-2004

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST WEYMOUTH

Project County Name

NORFOLK

Project State

MA

Project Zip

02189-2316

CD

MA-08

Jobs Reported

7

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48200.00

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

89718

Originating Lender

Coastal Heritage Bank

Originating Lender City

EAST WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48736.14

Forgiveness Date

05/25/2021

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