PPP Loan information for Mbe, inc

$597,350

Mbe, inc was initially approved for PPP Loan of amount $597,350, the current approved amount is $597,350. The loan was approved on 06/29/2020 by The Elkhorn Valley Bank & Trust reported 28 jobs and $597,350 was used to fund payroll.

Mbe, inc is Existing or more than 2 years old

PPP Loan Search / NE / NORFOLK / Mbe, inc

MBE, INC

Date Approved

06/29/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

MBE, INC

Borrower Address

1014 Sherwood Road

Borrower City

NORFOLK

Borrower State

NE

Borrower Zip

68701-9060

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

597350.00

Current Approval Amount

597350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42251

Servicing Lender Name

Elkhorn Valley Bank & Trust

Servicing Lender Address

404 S 25th St

Servicing Lender City

NORFOLK

Servicing Lender State

NE

Servicing Lender Zip

68701-2801

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

MADISON

Project State

NE

Project Zip

68701-9060

CD

NE-01

Jobs Reported

28

NAICS Code

236210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27350.00

Payroll Proceed

550000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

42251

Originating Lender

Elkhorn Valley Bank & Trust

Originating Lender City

NORFOLK

Originating Lender State

NE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

600377.66

Forgiveness Date

01/08/2021

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