PPP Loan information for Mb lube inc.

$116,487

Mb lube inc. was initially approved for PPP Loan of amount $116,487, the current approved amount is $116,487. The loan was approved on 01/23/2021 by The Fulton Bank, National Association reported 12 jobs and $116,487 was used to fund payroll.

Mb lube inc. is Existing or more than 2 years old

MB LUBE INC.

Date Approved

01/23/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MB LUBE INC.

Borrower Address

10602 Reisterstown Rd

Borrower City

Owings Mills

Borrower State

MD

Borrower Zip

21117-2802

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

116487.00

Current Approval Amount

116487.00

Undisbursed Amount

0.00

Franchise Name

Jiffy Lube

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Owings Mills

Project County Name

BALTIMORE

Project State

MD

Project Zip

21117-2802

CD

MD-02

Jobs Reported

12

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

116484.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117127.68

Forgiveness Date

08/11/2021

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