# PPP loan: MBS ENTERPRISES, LLC
> **$280K** approved 04/07/2020 · Paid in Full · Loan `6734037010`
## Borrower
- **Name:** MBS ENTERPRISES, LLC
- **Address:** 2826 Seminole Valley Rd. NE, CEDAR RAPIDS, IA, 52411-7636
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $274K (98%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 50
## Lender
- **Originating:** BankIowa
- **Servicing:** BankIowa (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*