PPP Loan information for Mbc marketing

$425,000

Mbc marketing was initially approved for PPP Loan of amount $425,000, the current approved amount is $425,000. The loan was approved on 06/22/2020 by The Celtic Bank Corporation reported 13 jobs and $425,000 was used to fund payroll.

Mbc marketing is Existing or more than 2 years old

MBC MARKETING

Date Approved

06/22/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MBC MARKETING

Borrower Address

386 Watson Bay

Borrower City

Stone Mountain

Borrower State

GA

Borrower Zip

30087

Loan Status Date

12/18/2021

Loan Status

Charged Off

Term

42

SBA Guaranty Percentage

100

Initial Approval Amount

425000.00

Current Approval Amount

425000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stone Mountain

Project County Name

DEKALB

Project State

GA

Project Zip

30087-0001

CD

GA-04

Jobs Reported

13

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

53125.00

Payroll Proceed

318750.00

Mortgage Interest Proceed

0.00

Rent Proceed

53125.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;