PPP Loan information for Mbc group inc

$2,155,600

Mbc group inc was initially approved for PPP Loan of amount $2,155,600, the current approved amount is $2,155,600. The loan was approved on 04/16/2020 by The Webster Bank National Association reported 500 jobs and $2,155,600 was used to fund payroll.

Mbc group inc is Existing or more than 2 years old

PPP Loan Search / IN / Indianapolis / Mbc group inc

MBC GROUP INC

Date Approved

04/16/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MBC GROUP INC

Borrower Address

1705 Shadeland Ave

Borrower City

Indianapolis

Borrower State

IN

Borrower Zip

46219

Loan Status Date

01/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2155600.00

Current Approval Amount

2155600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Indianapolis

Project County Name

MARION

Project State

IN

Project Zip

46219-0001

CD

IN-07

Jobs Reported

500

NAICS Code

561320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2155600.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2180509.16

Forgiveness Date

06/11/2021

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