PPP Loan information for Mp8507 llc

$39,810

Mp8507 llc was initially approved for PPP Loan of amount $39,810, the current approved amount is $39,810. The loan was approved on 04/14/2020 by The Builtwell Bank reported 7 jobs and $39,810 was used to fund payroll.

Mp8507 llc is New Business or 2 years or less

MP8507 LLC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MP8507 LLC

Borrower Address

100 JULIAN SHOALS DR STE 10

Borrower City

ARDEN

Borrower State

NC

Borrower Zip

28704-0970

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39810.00

Current Approval Amount

39810.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67085

Servicing Lender Name

Builtwell Bank

Servicing Lender Address

728 Broad St

Servicing Lender City

CHATTANOOGA

Servicing Lender State

TN

Servicing Lender Zip

37402-1801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ARDEN

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28704-0970

CD

NC-11

Jobs Reported

7

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39810.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67085

Originating Lender

Builtwell Bank

Originating Lender City

CHATTANOOGA

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40279.98

Forgiveness Date

06/16/2021

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