PPP Loan information for Mbn associates inc.

$87,387

Mbn associates inc. was initially approved for PPP Loan of amount $87,387, the current approved amount is $87,387. The loan was approved on 01/22/2021 by The Harford Bank reported 7 jobs and $87,387 was used to fund payroll.

Mbn associates inc. is Existing or more than 2 years old

MBN ASSOCIATES INC.

Date Approved

01/22/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MBN ASSOCIATES INC.

Borrower Address

13 Pearl St

Borrower City

Rising Sun

Borrower State

MD

Borrower Zip

21911-1763

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87387.00

Current Approval Amount

87387.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29905

Servicing Lender Name

Harford Bank

Servicing Lender Address

8 W Bel Air Ave

Servicing Lender City

ABERDEEN

Servicing Lender State

MD

Servicing Lender Zip

21001-3235

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rising Sun

Project County Name

CECIL

Project State

MD

Project Zip

21911-1763

CD

MD-01

Jobs Reported

7

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87386.00

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

29905

Originating Lender

Harford Bank

Originating Lender City

ABERDEEN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88066.68

Forgiveness Date

11/08/2021

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