PPP Loan information for Mba tech inc.

$1,460,182

Mba tech inc. was initially approved for PPP Loan of amount $1,460,182, the current approved amount is $1,460,182. The loan was approved on 03/01/2021 by The Independent Bank reported 89 jobs and $1,460,182 was used to fund payroll.

Mba tech inc. is Existing or more than 2 years old

MBA TECH INC.

Date Approved

03/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MBA TECH INC.

Borrower Address

2400 Stephenson Hwy

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-2171

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1460182.00

Current Approval Amount

1460182.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-2171

CD

MI-11

Jobs Reported

89

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1460177.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1470463.28

Forgiveness Date

11/16/2021

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