PPP Loan information for Mb coatings inc.

$1,764,395

Mb coatings inc. was initially approved for PPP Loan of amount $1,764,395, the current approved amount is $1,764,395. The loan was approved on 01/25/2021 by The American Business Bank reported 125 jobs and $1,764,395 was used to fund payroll.

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

PPP Loan Search / CA / Orange / Mb coatings inc.

MB COATINGS INC.

Date Approved

01/25/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

MB COATINGS INC.

Borrower Address

571 N Poplar St Ste G

Borrower City

Orange

Borrower State

CA

Borrower Zip

92868-1023

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1764394.97

Current Approval Amount

1764394.97

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

92868-1023

CD

CA-46

Jobs Reported

125

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1764392.97

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

1771210.85

Forgiveness Date

06/23/2021

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