PPP Loan information for Mbc farms inc.

$5,362

Mbc farms inc. was initially approved for PPP Loan of amount $5,362, the current approved amount is $5,362. The loan was approved on 05/13/2020 by The State Bank of Schaller reported 2 jobs and $5,362 was used to fund payroll.

Mbc farms inc. is Existing or more than 2 years old

MBC FARMS INC.

Date Approved

05/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MBC FARMS INC.

Borrower Address

2544 DEAN AVE

Borrower City

SCHALLER

Borrower State

IA

Borrower Zip

51053-7599

Loan Status Date

10/31/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5361.82

Current Approval Amount

5361.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25437

Servicing Lender Name

State Bank of Schaller

Servicing Lender Address

100 W Second St

Servicing Lender City

SCHALLER

Servicing Lender State

IA

Servicing Lender Zip

51053

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHALLER

Project County Name

SAC

Project State

IA

Project Zip

51053-7599

CD

IA-04

Jobs Reported

2

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5361.82

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

25437

Originating Lender

State Bank of Schaller

Originating Lender City

SCHALLER

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

5382.37

Forgiveness Date

10/08/2020

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