PPP Loan information for M&b automotive enterprises llc

$227,388

M&b automotive enterprises llc was initially approved for PPP Loan of amount $227,388, the current approved amount is $227,388. The loan was approved on 01/20/2021 by The Community National Bank reported 10 jobs and $227,388 was used to fund payroll.

M&b automotive enterprises llc is Existing or more than 2 years old

M&B AUTOMOTIVE ENTERPRISES LLC

Date Approved

01/20/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

M&B AUTOMOTIVE ENTERPRISES LLC

Borrower Address

900 N Loop 250 W

Borrower City

Midland

Borrower State

TX

Borrower Zip

79703-5258

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

227387.77

Current Approval Amount

227387.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71446

Servicing Lender Name

Community National Bank

Servicing Lender Address

500 W Illinios Ave

Servicing Lender City

MIDLAND

Servicing Lender State

TX

Servicing Lender Zip

79701-4234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79703-5258

CD

TX-11

Jobs Reported

10

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

227381.77

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

71446

Originating Lender

Community National Bank

Originating Lender City

MIDLAND

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

228973.17

Forgiveness Date

10/06/2021

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