Mb Industries, Inc.

$188,500 PPP Loan in Akron, Indiana

Loan Details

Loan Number
6638777009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$188,500
Current Approval
$188,500
Forgiveness Amount
$190,621
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mb Industries, Inc.
Address
619 E Main St
City
Akron
State
Indiana
ZIP Code
46910-9509
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$160,531
Rent
$16,250
Utilities
$11,719

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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