PPP Loan information for Mbm logistics inc

$590,900

Mbm logistics inc was initially approved for PPP Loan of amount $590,900, the current approved amount is $590,900. The loan was approved on 04/10/2020 by The Merchants Bank, National Association reported 38 jobs and $590,900 was used to fund payroll.

Mbm logistics inc is Existing or more than 2 years old

MBM LOGISTICS INC

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MBM LOGISTICS INC

Borrower Address

400 East Street

Borrower City

WILTON

Borrower State

WI

Borrower Zip

54670-7735

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

590900.00

Current Approval Amount

590900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILTON

Project County Name

MONROE

Project State

WI

Project Zip

54670-7735

CD

WI-03

Jobs Reported

38

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

590900.00

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

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

595184.03

Forgiveness Date

01/07/2021

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