# PPP loan: MB HOLDING, INC.
> **$1.08M** approved 04/06/2020 · Paid in Full · Loan `5754477005`
## Borrower
- **Name:** MB HOLDING, INC.
- **Address:** 30521 DEL RAY RD, TEMECULA, CA, 92591
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $834K
- **Rent:** $175K
- **Utilities:** $19K
- **Health care:** $36K
- **Debt interest:** $19K
- **Jobs reported:** 188
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*