# PPP loan: MBM CONSTRUCTION, CO.
> **$213K** approved 04/03/2020 · Paid in Full · Loan `4533007006`
## Borrower
- **Name:** MBM CONSTRUCTION, CO.
- **Address:** 1350 W. Breitung Ave, KINGSFORD, MI, 49802-5236
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $170K
- **Rent:** $23K
- **Utilities:** $20K
- **Jobs reported:** 16
## Lender
- **Originating:** First National Bank & Trust Co
- **Servicing:** First National Bank & Trust Co (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*