PPP Loan information for Mdb inc.

$632,722

Mdb inc. was initially approved for PPP Loan of amount $632,722, the current approved amount is $632,722. The loan was approved on 03/12/2021 by The Manufacturers and Traders Trust Company reported 37 jobs and $632,722 was used to fund payroll.

Mdb inc. is Existing or more than 2 years old

MDB INC.

Date Approved

03/12/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MDB INC.

Borrower Address

1730 Rhode Island Ave NW Ste 1200 Mdb Inc

Borrower City

Washington

Borrower State

DC

Borrower Zip

20036-3109

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

632722.00

Current Approval Amount

632722.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20036-3109

CD

DC-

Jobs Reported

37

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

632720.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

638199.81

Forgiveness Date

01/26/2022

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