PPP Loan information for Mobac, inc.

$204,700

Mobac, inc. was initially approved for PPP Loan of amount $204,700, the current approved amount is $204,700. The loan was approved on 04/14/2020 by The First Citizens Community Bank reported 10 jobs and $204,700 was used to fund payroll.

Mobac, inc. is Existing or more than 2 years old

PPP Loan Search / PA / KENNETT SQUARE / Mobac, inc.

MOBAC, INC.

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MOBAC, INC.

Borrower Address

500 N WALNUT ROAD

Borrower City

KENNETT SQUARE

Borrower State

PA

Borrower Zip

19348-1714

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204700.00

Current Approval Amount

204700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61007

Servicing Lender Name

First Citizens Community Bank

Servicing Lender Address

15 S Main St

Servicing Lender City

MANSFIELD

Servicing Lender State

PA

Servicing Lender Zip

16933-1507

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENNETT SQUARE

Project County Name

CHESTER

Project State

PA

Project Zip

19348-1714

CD

PA-06

Jobs Reported

10

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

180000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8332.50

Refinance EIDL Proceed

0.00

Health Care Proceed

16367.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

61007

Originating Lender

First Citizens Community Bank

Originating Lender City

MANSFIELD

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195976.37

Forgiveness Date

12/15/2020

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