PPP Loan information for Mbeco inc

$123,877

Mbeco inc was initially approved for PPP Loan of amount $123,877, the current approved amount is $123,877. The loan was approved on 01/22/2021 by The Bank of America, National Association reported 14 jobs and $123,877 was used to fund payroll.

Mbeco inc is Existing or more than 2 years old

MBECO INC

Date Approved

01/22/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MBECO INC

Borrower Address

601 21st St Ste 300E

Borrower City

Vero Beach

Borrower State

FL

Borrower Zip

32960-0860

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123877.00

Current Approval Amount

123877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Vero Beach

Project County Name

INDIAN RIVER

Project State

FL

Project Zip

32960-0860

CD

FL-08

Jobs Reported

14

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123876.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

124542.20

Forgiveness Date

08/18/2021

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