PPP Loan information for Mbf inc

$751,165

Mbf inc was initially approved for PPP Loan of amount $813,000, the current approved amount is $751,165. The loan was approved on 04/10/2020 by The First National Bank of Pennsylvania reported 108 jobs and $751,165 was used to fund payroll.

Mbf inc is Existing or more than 2 years old

MBF INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MBF INC

Borrower Address

620 INDUSTRIAL AVE

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27406-4604

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

813000.00

Current Approval Amount

751165.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27406-4604

CD

NC-06

Jobs Reported

108

NAICS Code

561499

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

751165.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

756277.10

Forgiveness Date

12/28/2020

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