PPP Loan information for Mba tech inc

$1,460,184

Mba tech inc was initially approved for PPP Loan of amount $1,460,184, the current approved amount is $1,460,184. The loan was approved on 04/14/2020 by The Independent Bank reported 100 jobs and $1,460,184 was used to fund payroll.

Mba tech inc is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Mba tech inc

MBA TECH INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MBA TECH INC

Borrower Address

2400 STEPHENSON HWY

Borrower City

TROY

Borrower State

MI

Borrower Zip

48083-2171

Loan Status Date

06/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1460184.00

Current Approval Amount

1460184.00

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

100

NAICS Code

541330

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1460184.00

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

1195800.05

Forgiveness Date

05/12/2021

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