PPP Loan information for Mbk,llc

$138,792

Mbk,llc was initially approved for PPP Loan of amount $138,792, the current approved amount is $138,792. The loan was approved on 05/21/2020 by The BankNewport reported 22 jobs and $138,792 was used to fund payroll.

Mbk,llc is Existing or more than 2 years old

MBK,LLC

Date Approved

05/21/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MBK,LLC

Borrower Address

32 BROADWAY

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840-2938

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138792.00

Current Approval Amount

138792.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-2938

CD

RI-01

Jobs Reported

22

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

138792.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139879.52

Forgiveness Date

03/05/2021

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