PPP Loan information for Mb electric, llc

$1,612,400

Mb electric, llc was initially approved for PPP Loan of amount $1,612,400, the current approved amount is $1,612,400. The loan was approved on 04/15/2020 by The Timberland Bank reported 120 jobs and $1,612,400 was used to fund payroll.

Mb electric, llc is Existing or more than 2 years old

PPP Loan Search / WA / LACEY / Mb electric, llc

MB ELECTRIC, LLC

Date Approved

04/15/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MB ELECTRIC, LLC

Borrower Address

8410 30TH AVE NE

Borrower City

LACEY

Borrower State

WA

Borrower Zip

98516-7124

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1612400.00

Current Approval Amount

1612400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79380

Servicing Lender Name

Timberland Bank

Servicing Lender Address

624 Simpson Ave

Servicing Lender City

HOQUIAM

Servicing Lender State

WA

Servicing Lender Zip

98550-3623

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LACEY

Project County Name

THURSTON

Project State

WA

Project Zip

98516-7124

CD

WA-10

Jobs Reported

120

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1612400.00

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

79380

Originating Lender

Timberland Bank

Originating Lender City

HOQUIAM

Originating Lender State

WA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1633383.29

Forgiveness Date

08/12/2021

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