PPP Loan information for Mbi hvac inc

$498,100

Mbi hvac inc was initially approved for PPP Loan of amount $498,100, the current approved amount is $498,100. The loan was approved on 04/15/2020 by The Univest Bank and Trust Co. reported 40 jobs and $498,100 was used to fund payroll.

Mbi hvac inc is Existing or more than 2 years old

PPP Loan Search / PA / Allentown / Mbi hvac inc

MBI HVAC INC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MBI HVAC INC

Borrower Address

450 Business Park Ln

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18109

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

498100.00

Current Approval Amount

498100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18109-0001

CD

PA-07

Jobs Reported

40

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

498100.00

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

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

502043.86

Forgiveness Date

02/11/2021

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