PPP Loan information for Mbd sales inc.

$49,000

Mbd sales inc. was initially approved for PPP Loan of amount $49,000, the current approved amount is $49,000. The loan was approved on 01/25/2021 by The Sandy Spring Bank reported 11 jobs and $49,000 was used to fund payroll.

Mbd sales inc. is Existing or more than 2 years old

PPP Loan Search / MD / Damascus / Mbd sales inc.

MBD SALES INC.

Date Approved

01/25/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MBD SALES INC.

Borrower Address

26344 Ridge Rd

Borrower City

Damascus

Borrower State

MD

Borrower Zip

20872-1947

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49000.00

Current Approval Amount

49000.00

Undisbursed Amount

0.00

Franchise Name

7-Eleven, Inc - Individual Store Franchise Agreement

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Damascus

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20872-1947

CD

MD-06

Jobs Reported

11

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48999.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

49257.75

Forgiveness Date

08/13/2021

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