# PPP loan: MBE INC.
> **$597K** approved 01/23/2021 · Paid in Full · Loan `4703218304`
## Borrower
- **Name:** MBE INC.
- **Address:** 1014 Sherwood Rd, Norfolk, NE, 68701-9060
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $597K
- **Initial approval:** $597K
- **Forgiven:** $602K (101%)
- **Forgiveness date:** 12/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $597K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** Elkhorn Valley Bank & Trust
- **Servicing:** Elkhorn Valley Bank & Trust (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*