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
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
Servicing Lender Zip
55356-9494
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WRIGHT
Project State
Project Zip
CD
MN-06
Jobs Reported
28
NAICS Code
484220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
348720.00
Mortgage Interest Proceed
Rent Proceed
87180.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
439496.18
Forgiveness Date
02/09/2021