Mbf Auto Sales, Inc.

$670,224 PPP Loan in Marble Falls, Texas

Loan Details

Loan Number
8808777001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$670,224
Current Approval
$670,224
Forgiveness Amount
$677,194
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mbf Auto Sales, Inc.
Address
2301 Highway 281 North 0.0
State
Texas
ZIP Code
78654-4323
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.8M
Rural/Urban
Rural
Congressional District
TX-25

Loan Use Breakdown

Payroll
$545,224
Utilities
$8,500
Health Care
$23,000
Mortgage Interest
$90,000
Debt Interest
$3,500

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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