# PPP loan: MBI HVAC INC
> **$498K** approved 02/01/2021 · Paid in Full · Loan `1185418409`
## Borrower
- **Name:** MBI HVAC INC
- **Address:** 450 Business Park Ln, Allentown, PA, 18109-9119
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $498K
- **Initial approval:** $498K
- **Forgiven:** $501K (100%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $498K
- **Jobs reported:** 32
## Lender
- **Originating:** Univest Bank and Trust Co
- **Servicing:** Univest Bank and Trust Co (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*