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
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
Servicing Lender State
Servicing Lender Zip
51053
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SAC
Project State
Project Zip
CD
IA-04
Jobs Reported
2
NAICS Code
111150
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
5382.37
Forgiveness Date
10/08/2020