PPP Loan information for Mbas inc.

$88,600

Mbas inc. was initially approved for PPP Loan of amount $88,600, the current approved amount is $88,600. The loan was approved on 02/08/2021 by The First-Citizens Bank & Trust Company reported 7 jobs and $88,600 was used to fund payroll.

Mbas inc. is Existing or more than 2 years old

MBAS INC.

Date Approved

02/08/2021

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MBAS INC.

Borrower Address

1170 Old W Liberty St Ste 1

Borrower City

Sumter

Borrower State

SC

Borrower Zip

29150-4773

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88600.00

Current Approval Amount

88600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sumter

Project County Name

SUMTER

Project State

SC

Project Zip

29150-4773

CD

SC-05

Jobs Reported

7

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

88598.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89226.27

Forgiveness Date

10/27/2021

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