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
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
Servicing Lender Zip
46580-2842
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FULTON
Project State
Project Zip
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
Rent Proceed
16250.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
190620.62
Forgiveness Date
05/25/2021