PPP Loan information for Mbn, incorporated

$70,800

Mbn, incorporated was initially approved for PPP Loan of amount $70,800, the current approved amount is $70,800. The loan was approved on 06/01/2020 by The 1st Source Bank reported 22 jobs and $70,800 was used to fund payroll.

Mbn, incorporated is New Business or 2 years or less

PPP Loan Search / MI / Brown City / Mbn, incorporated

MBN, INCORPORATED

Date Approved

06/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MBN, INCORPORATED

Borrower Address

4046 Main St

Borrower City

Brown City

Borrower State

MI

Borrower Zip

48416-7904

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70800.00

Current Approval Amount

70800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Brown City

Project County Name

SANILAC

Project State

MI

Project Zip

48416-7904

CD

MI-09

Jobs Reported

22

NAICS Code

492110

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70800.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71272.00

Forgiveness Date

02/09/2021

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