# PPP loan: MBX FOUNDATION
> **$176K** approved 04/30/2020 · Paid in Full · Loan `4911337303`
## Borrower
- **Name:** MBX FOUNDATION
- **Address:** 1097 Aviation Blvd., Hermosa Beach, CA, 90254
- **NAICS:** 813211
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $179K (102%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 30
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*