PPP Loan information for Mb automotive inc

$223,700

Mb automotive inc was initially approved for PPP Loan of amount $223,700, the current approved amount is $223,700. The loan was approved on 04/08/2020 by The Skyline National Bank reported 24 jobs and $223,700 was used to fund payroll.

Mb automotive inc is Existing or more than 2 years old

MB AUTOMOTIVE INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MB AUTOMOTIVE INC

Borrower Address

US HIGHWAY 4211933 US Hwy 421

Borrower City

WILKESBORO

Borrower State

NC

Borrower Zip

28697-2281

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223700.00

Current Approval Amount

223700.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

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

24

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

55925.00

Payroll Proceed

167775.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

225832.81

Forgiveness Date

03/31/2021

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