PPP Loan information for Mbc inc

$257,700

Mbc inc was initially approved for PPP Loan of amount $257,700, the current approved amount is $257,700. The loan was approved on 04/06/2020 by The Queensborough National Bank and Trust Company reported 27 jobs and $257,700 was used to fund payroll.

Mbc inc is Existing or more than 2 years old

PPP Loan Search / GA / AUGUSTA / Mbc inc

MBC INC

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MBC INC

Borrower Address

1853 GORDON HWY

Borrower City

AUGUSTA

Borrower State

GA

Borrower Zip

30904-2601

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257700.00

Current Approval Amount

257700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19549

Servicing Lender Name

Queensborough National Bank and Trust Company

Servicing Lender Address

113 E Broad St

Servicing Lender City

LOUISVILLE

Servicing Lender State

GA

Servicing Lender Zip

30434-1619

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUGUSTA

Project County Name

RICHMOND

Project State

GA

Project Zip

30904-2601

CD

GA-12

Jobs Reported

27

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25770.00

Payroll Proceed

206160.00

Mortgage Interest Proceed

25770.00

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

19549

Originating Lender

Queensborough National Bank and Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260198.26

Forgiveness Date

03/31/2021

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