PPP Loan information for Mb it associates llc

$392,022

Mb it associates llc was initially approved for PPP Loan of amount $392,022, the current approved amount is $392,022. The loan was approved on 04/28/2021 by The Bank of America, National Association reported 27 jobs and $392,022 was used to fund payroll.

Mb it associates llc is Existing or more than 2 years old

MB IT ASSOCIATES LLC

Date Approved

04/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MB IT ASSOCIATES LLC

Borrower Address

90 E Halsey Rd Ste 360

Borrower City

Parsippany

Borrower State

NJ

Borrower Zip

07054-3709

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

392022.00

Current Approval Amount

392022.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Parsippany

Project County Name

MORRIS

Project State

NJ

Project Zip

07054-3709

CD

NJ-11

Jobs Reported

27

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

392019.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

393493.43

Forgiveness Date

09/15/2021

;