PPP Loan information for M & b machine inc

$240,292

M & b machine inc was initially approved for PPP Loan of amount $240,292, the current approved amount is $240,292. The loan was approved on 04/09/2020 by The Members 1st FCU reported 18 jobs and $240,292 was used to fund payroll.

M & b machine inc is Existing or more than 2 years old

PPP Loan Search / PA / MECHANICSBURG / M & b machine inc

M & B MACHINE INC

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

M & B MACHINE INC

Borrower Address

10 LONG LN

Borrower City

MECHANICSBURG

Borrower State

PA

Borrower Zip

17050-2650

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240292.00

Current Approval Amount

240292.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104409

Servicing Lender Name

Members 1st FCU

Servicing Lender Address

5000 Marketplace Way

Servicing Lender City

Enola

Servicing Lender State

PA

Servicing Lender Zip

17025-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MECHANICSBURG

Project County Name

CUMBERLAND

Project State

PA

Project Zip

17050-2650

CD

PA-10

Jobs Reported

18

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240292.00

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

Subchapter S Corporation

Originating Lender Location Id

104409

Originating Lender

Members 1st FCU

Originating Lender City

Enola

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242102.42

Forgiveness Date

01/19/2021

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