PPP Loan information for Mbi distributors inc

$21,218

Mbi distributors inc was initially approved for PPP Loan of amount $11,220, the current approved amount is $21,218. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 2 jobs and $21,218 was used to fund payroll.

Mbi distributors inc is New Business or 2 years or less

PPP Loan Search / MD / ROSEDALE / Mbi distributors inc

MBI DISTRIBUTORS INC

Date Approved

05/03/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MBI DISTRIBUTORS INC

Borrower Address

7500 PULASKI HWY

Borrower City

ROSEDALE

Borrower State

MD

Borrower Zip

21237-2532

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11220.00

Current Approval Amount

21218.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

ROSEDALE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21237-2532

CD

MD-07

Jobs Reported

2

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21218.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

11336.83

Forgiveness Date

05/27/2021

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