PPP Loan information for Mbm legacy inc

$304,700

Mbm legacy inc was initially approved for PPP Loan of amount $304,700, the current approved amount is $304,700. The loan was approved on 04/09/2020 by The First-Citizens Bank & Trust Company reported 88 jobs and $304,700 was used to fund payroll.

Mbm legacy inc is New Business or 2 years or less

MBM LEGACY INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MBM LEGACY INC

Borrower Address

299 FOREST CREEK DR

Borrower City

FAYETTEVILLE

Borrower State

NC

Borrower Zip

28303-5496

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304700.00

Current Approval Amount

304700.00

Undisbursed Amount

0.00

Franchise Name

Embassy Suites by Hilton

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FAYETTEVILLE

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28303-5496

CD

NC-09

Jobs Reported

88

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

304700.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

307613.43

Forgiveness Date

03/31/2021

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