PPP Loan information for Mbc farms inc

$13,328

Mbc farms inc was initially approved for PPP Loan of amount $13,328, the current approved amount is $13,328. The loan was approved on 04/29/2020 by The First Horizon Bank reported 1 jobs and $13,328 was used to fund payroll.

Mbc farms inc is Existing or more than 2 years old

MBC FARMS INC

Date Approved

04/29/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MBC FARMS INC

Borrower Address

819 NW 5TH ST

Borrower City

WALNUT RIDGE

Borrower State

AR

Borrower Zip

72476

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13327.50

Current Approval Amount

13327.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALNUT RIDGE

Project County Name

LAWRENCE

Project State

AR

Project Zip

72476-0001

CD

AR-01

Jobs Reported

1

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

13327.50

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13485.58

Forgiveness Date

07/09/2021

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