Date Approved
01/25/2021
SBA Office Code
0459
Processing Method
PPS
Borrower Name
MB ERECTORS INC
Borrower Address
6250 Coosada Rd
Borrower City
Coosada
Borrower State
AL
Borrower Zip
36020-3809
Loan Status Date
10/08/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
115930.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
45120
Servicing Lender Name
Valley National Bank
Servicing Lender Address
615 Main Ave
Servicing Lender City
PASSAIC
Servicing Lender State
NJ
Servicing Lender Zip
07055-5066
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ELMORE
Project State
Project Zip
CD
AL-02
Jobs Reported
10
NAICS Code
238120
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
115927.00
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
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
117804.20
Forgiveness Date
09/07/2022