# PPP loan: MBI ADMINISTRATIVE CORP
> **$445K** approved 04/15/2020 · Paid in Full · Loan `2186377203`
## Borrower
- **Name:** MBI ADMINISTRATIVE CORP
- **Address:** 76 PLAIN AVE, NEW ROCHELLE, NY, 10801-2205
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $445K
- **Initial approval:** $445K
- **Forgiven:** $450K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $445K
- **Jobs reported:** 23
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*