# PPP loan: MB DEVELOPMENT, LLC
> **$279K** approved 04/07/2020 · Paid in Full · Loan `7341657001`
## Borrower
- **Name:** MB DEVELOPMENT, LLC
- **Address:** 9418 Collins Avenue, MIAMI BEACH, FL, 33154-2611
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Utilities:** $70K
- **Jobs reported:** 11
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*