PPP Loan information for Mbg construction llc

$827,412

Mbg construction llc was initially approved for PPP Loan of amount $827,412, the current approved amount is $827,412. The loan was approved on 02/10/2021 by The Loan Source Incorporated reported 35 jobs and $827,412 was used to fund payroll.

Mbg construction llc is Existing or more than 2 years old

MBG CONSTRUCTION LLC

Date Approved

02/10/2021

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MBG CONSTRUCTION LLC

Borrower Address

615 Freedom St

Borrower City

Haughton

Borrower State

LA

Borrower Zip

71037-7909

Loan Status Date

09/20/2022

Loan Status

Charged Off

Term

33

SBA Guaranty Percentage

100

Initial Approval Amount

827412.00

Current Approval Amount

827412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Haughton

Project County Name

BOSSIER

Project State

LA

Project Zip

71037-7909

CD

LA-04

Jobs Reported

35

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

827410.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;