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 05/01/2020 by The Bank of America, National Association reported 14 jobs and $123,877 was used to fund payroll.

Mbeco, inc. is New Business or 2 years or less

MBECO, INC.

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MBECO, INC.

Borrower Address

601 21ST ST STE 300E

Borrower City

VERO BEACH

Borrower State

FL

Borrower Zip

32960

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

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

New Business or 2 years or less

Project City

VERO BEACH

Project County Name

INDIAN RIVER

Project State

FL

Project Zip

32960-0300

CD

FL-08

Jobs Reported

14

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123877.00

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

124830.68

Forgiveness Date

02/10/2021

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