PPP Loan information for M.b.e., inc.

$435,900

M.b.e., inc. was initially approved for PPP Loan of amount $435,900, the current approved amount is $435,900. The loan was approved on 04/09/2020 by The Lake Community Bank reported 28 jobs and $435,900 was used to fund payroll.

M.b.e., inc. is Existing or more than 2 years old

M.B.E., INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

M.B.E., INC.

Borrower Address

530 River Street S

Borrower City

Delano

Borrower State

MN

Borrower Zip

55328-9111

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

435900.00

Current Approval Amount

435900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38325

Servicing Lender Name

Lake Community Bank

Servicing Lender Address

1964 W Wayzata Blvd

Servicing Lender City

LONG LAKE

Servicing Lender State

MN

Servicing Lender Zip

55356-9494

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Delano

Project County Name

WRIGHT

Project State

MN

Project Zip

55328-9111

CD

MN-06

Jobs Reported

28

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

348720.00

Mortgage Interest Proceed

0.00

Rent Proceed

87180.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38325

Originating Lender

Lake Community Bank

Originating Lender City

LONG LAKE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

439496.18

Forgiveness Date

02/09/2021

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