# PPP loan: M.B.G. ENTERPRISES INC
> **$614K** approved 01/20/2021 · Paid in Full · Loan `2030238305`
## Borrower
- **Name:** M.B.G. ENTERPRISES INC
- **Address:** 7474 Shipley Ave, Harmans, MD, 21077-3105
- **NAICS:** 488999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $614K
- **Initial approval:** $614K
- **Forgiven:** $622K (101%)
- **Forgiveness date:** 06/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $614K
- **Jobs reported:** 110
## Lender
- **Originating:** BayVanguard Bank
- **Servicing:** BayVanguard Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*