# PPP loan: MBRF INC
> **$327K** approved 04/11/2020 · Paid in Full · Loan `2787907104`
## Borrower
- **Name:** MBRF INC
- **Address:** 1335 14th Street Northwest, WASHINGTON, DC, 20005-3610
- **NAICS:** 722320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Rent:** $45K
- **Utilities:** $15K
- **Health care:** $9K
- **Debt interest:** $2K
- **Jobs reported:** 43
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*