PPP Loan information for Mb automotive inc.

$241,641

Mb automotive inc. was initially approved for PPP Loan of amount $241,641, the current approved amount is $241,641. The loan was approved on 03/31/2021 by The Skyline National Bank reported 21 jobs and $241,641 was used to fund payroll.

Mb automotive inc. is Existing or more than 2 years old

MB AUTOMOTIVE INC.

Date Approved

03/31/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MB AUTOMOTIVE INC.

Borrower Address

1933 US Highway 421

Borrower City

Wilkesboro

Borrower State

NC

Borrower Zip

28697-2281

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

241641.00

Current Approval Amount

241641.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilkesboro

Project County Name

WILKES

Project State

NC

Project Zip

28697-2281

CD

NC-05

Jobs Reported

21

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

241635.00

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

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

242925.34

Forgiveness Date

10/20/2021

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