PPP Loan information for Mbc properties inc

$45,995

Mbc properties inc was initially approved for PPP Loan of amount $45,995, the current approved amount is $45,995. The loan was approved on 04/28/2020 by The Farmers State Bank reported 15 jobs and $45,995 was used to fund payroll.

Mbc properties inc is Existing or more than 2 years old

MBC PROPERTIES INC

Date Approved

04/28/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MBC PROPERTIES INC

Borrower Address

7516 Johnstown Road

Borrower City

MOUNT VERNON

Borrower State

OH

Borrower Zip

43050-9363

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45995.00

Current Approval Amount

45995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58589

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

11 S Main St

Servicing Lender City

WEST SALEM

Servicing Lender State

OH

Servicing Lender Zip

44287-9702

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT VERNON

Project County Name

KNOX

Project State

OH

Project Zip

43050-9363

CD

OH-12

Jobs Reported

15

NAICS Code

713910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3115.00

Payroll Proceed

36796.00

Mortgage Interest Proceed

6084.00

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

58589

Originating Lender

Farmers State Bank

Originating Lender City

WEST SALEM

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46250.81

Forgiveness Date

11/23/2020

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