PPP Loan information for Mbc drainage, llc

$114,800

Mbc drainage, llc was initially approved for PPP Loan of amount $114,800, the current approved amount is $114,800. The loan was approved on 04/10/2020 by The First State Bank of Sauk Centre reported 15 jobs and $114,800 was used to fund payroll.

Mbc drainage, llc is Existing or more than 2 years old

PPP Loan Search / MN / SAUK CENTRE / Mbc drainage, llc

MBC DRAINAGE, LLC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MBC DRAINAGE, LLC

Borrower Address

1800 2ND ST

Borrower City

SAUK CENTRE

Borrower State

MN

Borrower Zip

56378-1920

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114800.00

Current Approval Amount

114800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38882

Servicing Lender Name

First State Bank of Sauk Centre

Servicing Lender Address

423 Main St

Servicing Lender City

SAUK CENTRE

Servicing Lender State

MN

Servicing Lender Zip

56378-1508

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUK CENTRE

Project County Name

STEARNS

Project State

MN

Project Zip

56378-1920

CD

MN-07

Jobs Reported

15

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1016.00

Payroll Proceed

113784.00

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

38882

Originating Lender

First State Bank of Sauk Centre

Originating Lender City

SAUK CENTRE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

115609.98

Forgiveness Date

12/31/2020

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