Date Approved
06/26/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
MBG & ASSOCIATES, LLC
Borrower Address
WEAVER BLVD
Borrower City
WEAVERVILLE
Borrower State
NC
Borrower Zip
28787-6316
Loan Status Date
07/09/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
98000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
IHOP
Servicing Lender Location Id
25667
Servicing Lender Name
Equity Bank
Servicing Lender Address
345 N Andover Rd
Servicing Lender City
ANDOVER
Servicing Lender State
KS
Servicing Lender Zip
67002-9645
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
BUNCOMBE
Project State
Project Zip
CD
NC-11
Jobs Reported
30
NAICS Code
551112
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
98966.39
Forgiveness Date
06/22/2021