Mbi Distributing Inc.

$271,500 PPP Loan in Lindon, Utah

Loan Details

Loan Number
6828647104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$271,500
Current Approval
$271,500
Forgiveness Amount
$275,926
Forgiveness Date
Jan 4, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Mbi Distributing Inc.
Address
211 North 1800 West Street
City
Lindon
State
Utah
ZIP Code
84042
Business Type
Corporation
Industry (NAICS)
Retail Trade (453998)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
UT-03

Loan Use Breakdown

Payroll
$271,500

Lender Information

Servicing Lender
Customers Bank
Originating Lender
Readycap Lending, LLC

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