PPP Loan information for Mb erectors, inc.

$162,672

Mb erectors, inc. was initially approved for PPP Loan of amount $162,672, the current approved amount is $162,672. The loan was approved on 05/12/2020 by The Valley National Bank reported 22 jobs and $162,672 was used to fund payroll.

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

MB ERECTORS, INC.

Date Approved

05/12/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MB ERECTORS, INC.

Borrower Address

2730 Main Street

Borrower City

Millbrook

Borrower State

AL

Borrower Zip

36054

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162672.00

Current Approval Amount

162672.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millbrook

Project County Name

ELMORE

Project State

AL

Project Zip

36054-0001

CD

AL-02

Jobs Reported

22

NAICS Code

238120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

162672.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

165134.67

Forgiveness Date

11/12/2021

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