PPP Loan information for Mbt worldwide, inc.

$472,300

Mbt worldwide, inc. was initially approved for PPP Loan of amount $472,300, the current approved amount is $472,300. The loan was approved on 04/08/2020 by The The Lowell Five Cent Savings Bank reported 30 jobs and $472,300 was used to fund payroll.

Mbt worldwide, inc. is Existing or more than 2 years old

MBT WORLDWIDE, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MBT WORLDWIDE, INC.

Borrower Address

951 EAST ST

Borrower City

TEWKSBURY

Borrower State

MA

Borrower Zip

01876-1453

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

472300.00

Current Approval Amount

472300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TEWKSBURY

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01876-1453

CD

MA-06

Jobs Reported

30

NAICS Code

485113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5100.00

Payroll Proceed

400800.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14800.00

Debt Interest Proceed

33600

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

478265.21

Forgiveness Date

07/22/2021

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