PPP Loan information for Mb restaurant corporation

$220,101

Mb restaurant corporation was initially approved for PPP Loan of amount $220,101, the current approved amount is $220,101. The loan was approved on 03/31/2021 by The Legacy Bank reported 51 jobs and $220,101 was used to fund payroll.

Mb restaurant corporation is Existing or more than 2 years old

MB RESTAURANT CORPORATION

Date Approved

03/31/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MB RESTAURANT CORPORATION

Borrower Address

1324 Canton Rd

Borrower City

Akron

Borrower State

OH

Borrower Zip

44312-3951

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220101.00

Current Approval Amount

220101.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Akron

Project County Name

SUMMIT

Project State

OH

Project Zip

44312-3951

CD

OH-13

Jobs Reported

51

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

220095.00

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

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

221696.73

Forgiveness Date

12/23/2021

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