PPP Loan information for Mbm management, inc.

$576,300

Mbm management, inc. was initially approved for PPP Loan of amount $576,300, the current approved amount is $576,300. The loan was approved on 04/14/2020 by The Independent Bank reported 169 jobs and $576,300 was used to fund payroll.

Mbm management, inc. is Existing or more than 2 years old

MBM MANAGEMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MBM MANAGEMENT, INC.

Borrower Address

30150 TELEGRAPH RD, Ste 370

Borrower City

BINGHAM FARMS

Borrower State

MI

Borrower Zip

48025-4512

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

576300.00

Current Approval Amount

576300.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BINGHAM FARMS

Project County Name

OAKLAND

Project State

MI

Project Zip

48025-4512

CD

MI-12

Jobs Reported

169

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

576300.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

579947.27

Forgiveness Date

12/09/2020

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