PPP Loan information for Mb industries, inc.

$188,500

Mb industries, inc. was initially approved for PPP Loan of amount $188,500, the current approved amount is $188,500. The loan was approved on 04/07/2020 by The Lake City Bank reported 27 jobs and $188,500 was used to fund payroll.

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

MB INDUSTRIES, INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MB INDUSTRIES, INC.

Borrower Address

619 E MAIN ST

Borrower City

AKRON

Borrower State

IN

Borrower Zip

46910-9509

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188500.00

Current Approval Amount

188500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AKRON

Project County Name

FULTON

Project State

IN

Project Zip

46910-9509

CD

IN-02

Jobs Reported

27

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11719.00

Payroll Proceed

160531.00

Mortgage Interest Proceed

0.00

Rent Proceed

16250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

190620.62

Forgiveness Date

05/25/2021

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