PPP Loan information for Mbs fabrication inc

$1,138,474

Mbs fabrication inc was initially approved for PPP Loan of amount $1,138,474, the current approved amount is $1,138,474. The loan was approved on 02/19/2021 by The Savers Co-Operative Bank reported 79 jobs and $1,138,474 was used to fund payroll.

Mbs fabrication inc is Existing or more than 2 years old

MBS FABRICATION INC

Date Approved

02/19/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MBS FABRICATION INC

Borrower Address

270 Ashland Ave

Borrower City

Southbridge

Borrower State

MA

Borrower Zip

01550-3103

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1138474.00

Current Approval Amount

1138474.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89242

Servicing Lender Name

Savers Co-Operative Bank

Servicing Lender Address

270 Main St

Servicing Lender City

SOUTHBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

01550-2553

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southbridge

Project County Name

WORCESTER

Project State

MA

Project Zip

01550-3103

CD

MA-01

Jobs Reported

79

NAICS Code

336412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1138472.00

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

89242

Originating Lender

Savers Co-Operative Bank

Originating Lender City

SOUTHBRIDGE

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1144337.92

Forgiveness Date

09/07/2021

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