PPP Loan information for Mbic llc

$41,318

Mbic llc was initially approved for PPP Loan of amount $41,318, the current approved amount is $41,318. The loan was approved on 02/25/2021 by The Celtic Bank Corporation reported 9 jobs and $41,318 was used to fund payroll.

Mbic llc is Existing or more than 2 years old

PPP Loan Search / IA / Iowa City / Mbic llc

MBIC LLC

Date Approved

02/25/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

MBIC LLC

Borrower Address

308 E Burlington St

Borrower City

Iowa City

Borrower State

IA

Borrower Zip

52240-1602

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41318.00

Current Approval Amount

41318.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Iowa City

Project County Name

JOHNSON

Project State

IA

Project Zip

52240-1602

CD

IA-01

Jobs Reported

9

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41315.00

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41520.63

Forgiveness Date

08/25/2021

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