PPP Loan information for Mbi acquisition company

$1,178,100

Mbi acquisition company was initially approved for PPP Loan of amount $1,178,100, the current approved amount is $1,178,100. The loan was approved on 04/10/2020 by The Truist Bank reported 90 jobs and $1,178,100 was used to fund payroll.

Mbi acquisition company is Existing or more than 2 years old

PPP Loan Search / NC / SANFORD / Mbi acquisition company

MBI ACQUISITION COMPANY

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MBI ACQUISITION COMPANY

Borrower Address

1490 COMFORT LANE

Borrower City

SANFORD

Borrower State

NC

Borrower Zip

27330-9687

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1178100.00

Current Approval Amount

1178100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANFORD

Project County Name

LEE

Project State

NC

Project Zip

27330-9687

CD

NC-09

Jobs Reported

90

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1178100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1186183.08

Forgiveness Date

12/28/2020

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