PPP Loan information for Mba contractors inc

$40,768

Mba contractors inc was initially approved for PPP Loan of amount $58,383, the current approved amount is $40,768. The loan was approved on 05/08/2020 by The Wells Fargo Bank, National Association reported 8 jobs and $40,768 was used to fund payroll.

Mba contractors inc is Existing or more than 2 years old

MBA CONTRACTORS INC

Date Approved

05/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MBA CONTRACTORS INC

Borrower Address

148 FRANKLIN ST.

Borrower City

BELLEVILLE

Borrower State

NJ

Borrower Zip

07109

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58383.00

Current Approval Amount

40768.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELLEVILLE

Project County Name

ESSEX

Project State

NJ

Project Zip

07109-0001

CD

NJ-11

Jobs Reported

8

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40768.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41134.35

Forgiveness Date

04/02/2021

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