Date Approved
04/05/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
MDB ELECTRIC INCORPORATED
Borrower Address
220 US HIGHWAY 40
Borrower City
TROY
Borrower State
IL
Borrower Zip
62294-2466
Loan Status Date
02/01/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
348700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
20465
Servicing Lender Name
United Community Bank
Servicing Lender Address
301 N Main St
Servicing Lender City
CHATHAM
Servicing Lender State
Servicing Lender Zip
62629-1019
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MADISON
Project State
Project Zip
CD
IL-15
Jobs Reported
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
350792.20
Forgiveness Date
11/20/2020