# PPP loan: MBM ELECTRIC LLC
> **$154K** approved 02/07/2021 · Charged Off · Loan `4885438409`
## Borrower
- **Name:** MBM ELECTRIC LLC
- **Address:** 6108 86th St, Lubbock, TX, 79424-6864
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Status:** Charged Off
- **Term:** 51 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 10
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*