Mbs Communications, INC

$352,400 PPP Loan in Altamont, Illinois

Loan Details

Loan Number
6517407007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$352,400
Current Approval
$336,100
Forgiveness Amount
$338,006
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mbs Communications, INC
Address
8597 N 300th St
ZIP Code
62411-3503
Business Type
Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$25.8M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$336,094
Rent
$1
Utilities
$1
Health Care
$1
Mortgage Interest
$1
Debt Interest
$1
Refinance EIDL
$1

Lender Information

Servicing Lender
Peoples Bank & Trust
Originating Lender
Peoples Bank & Trust

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