PPP Loan information for Mbe business equipment inc

$66,411

Mbe business equipment inc was initially approved for PPP Loan of amount $66,411, the current approved amount is $66,411. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 6 jobs and $66,411 was used to fund payroll.

Mbe business equipment inc is Existing or more than 2 years old

MBE BUSINESS EQUIPMENT INC

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MBE BUSINESS EQUIPMENT INC

Borrower Address

1 CONDON WAY STE E

Borrower City

HOPEDALE

Borrower State

MA

Borrower Zip

01747-2700

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66411.00

Current Approval Amount

66411.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPEDALE

Project County Name

WORCESTER

Project State

MA

Project Zip

01747-2700

CD

MA-04

Jobs Reported

6

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66411.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67273.43

Forgiveness Date

08/19/2021

;