PPP Loan information for Mb coatings, inc.

$880,900

Mb coatings, inc. was initially approved for PPP Loan of amount $880,900, the current approved amount is $880,900. The loan was approved on 04/05/2020 by The American Business Bank reported 165 jobs and $880,900 was used to fund payroll.

Mb coatings, inc. is Existing or more than 2 years old

MB COATINGS, INC.

Date Approved

04/05/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

MB COATINGS, INC.

Borrower Address

571 N POPLAR ST

Borrower City

ORANGE

Borrower State

CA

Borrower Zip

92868-1009

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

880900.00

Current Approval Amount

880900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORANGE

Project County Name

ORANGE

Project State

CA

Project Zip

92868-1009

CD

CA-46

Jobs Reported

165

NAICS Code

236116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

880900.00

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

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

876912.79

Forgiveness Date

12/28/2020

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