PPP Loan information for Mbi industrial, inc

$187,400

Mbi industrial, inc was initially approved for PPP Loan of amount $187,400, the current approved amount is $187,400. The loan was approved on 04/08/2020 by The Great Plains National Bank reported 12 jobs and $187,400 was used to fund payroll.

Mbi industrial, inc is Existing or more than 2 years old

MBI INDUSTRIAL, INC

Date Approved

04/08/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

MBI INDUSTRIAL, INC

Borrower Address

3816 NE 85TH ST

Borrower City

NEWCASTLE

Borrower State

OK

Borrower Zip

73065-5084

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187400.00

Current Approval Amount

187400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58996

Servicing Lender Name

Great Plains National Bank

Servicing Lender Address

2017 W Third

Servicing Lender City

ELK CITY

Servicing Lender State

OK

Servicing Lender Zip

73644-4305

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWCASTLE

Project County Name

MCCLAIN

Project State

OK

Project Zip

73065-5084

CD

OK-04

Jobs Reported

12

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23425.00

Payroll Proceed

140550.00

Mortgage Interest Proceed

23425.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

58996

Originating Lender

Great Plains National Bank

Originating Lender City

ELK CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

188493.17

Forgiveness Date

11/05/2020

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