PPP Loan information for Mvi inc

$1,340,907

Mvi inc was initially approved for PPP Loan of amount $1,340,907, the current approved amount is $1,340,907. The loan was approved on 01/29/2021 by The The Farmers National Bank of Canfield reported 93 jobs and $1,340,907 was used to fund payroll.

Mvi inc is Existing or more than 2 years old

MVI INC

Date Approved

01/29/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MVI INC

Borrower Address

4891 Belmont Ave

Borrower City

Youngstown

Borrower State

OH

Borrower Zip

44505-1015

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1340906.80

Current Approval Amount

1340906.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53390

Servicing Lender Name

The Farmers National Bank of Canfield

Servicing Lender Address

20 S Broad St

Servicing Lender City

Canfield

Servicing Lender State

OH

Servicing Lender Zip

44406-1401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Youngstown

Project County Name

TRUMBULL

Project State

OH

Project Zip

44505-1015

CD

OH-14

Jobs Reported

93

NAICS Code

621610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1340904.80

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

Subchapter S Corporation

Originating Lender Location Id

53390

Originating Lender

The Farmers National Bank of Canfield

Originating Lender City

Canfield

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1350144.16

Forgiveness Date

10/08/2021

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