PPP Loan information for M.b.a. distributing inc.

$31,000

M.b.a. distributing inc. was initially approved for PPP Loan of amount $31,000, the current approved amount is $31,000. The loan was approved on 01/25/2021 by The Comerica Bank reported 4 jobs and $31,000 was used to fund payroll.

M.b.a. distributing inc. is Existing or more than 2 years old

M.B.A. DISTRIBUTING INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

M.B.A. DISTRIBUTING INC.

Borrower Address

2305 E High St

Borrower City

Jackson

Borrower State

MI

Borrower Zip

49203-3492

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31000.00

Current Approval Amount

31000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

JACKSON

Project State

MI

Project Zip

49203-3492

CD

MI-05

Jobs Reported

4

NAICS Code

423840

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

30998.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31211.83

Forgiveness Date

10/06/2021

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