PPP Loan information for Mbs enterprises, llc

$279,700

Mbs enterprises, llc was initially approved for PPP Loan of amount $279,700, the current approved amount is $279,700. The loan was approved on 04/07/2020 by The BankIowa reported 50 jobs and $279,700 was used to fund payroll.

Mbs enterprises, llc is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Mbs enterprises, llc

MBS ENTERPRISES, LLC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MBS ENTERPRISES, LLC

Borrower Address

2826 Seminole Valley Rd. NE

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52411-7636

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

279700.00

Current Approval Amount

279700.00

Undisbursed Amount

0.00

Franchise Name

Jimmy John's

Servicing Lender Location Id

25325

Servicing Lender Name

BankIowa

Servicing Lender Address

7045 C Ave NE

Servicing Lender City

CEDAR RAPIDS

Servicing Lender State

IA

Servicing Lender Zip

52402-1378

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52411-7636

CD

IA-02

Jobs Reported

50

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

279700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

274447.07

Forgiveness Date

03/31/2021

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