# PPP loan: MBC WB LLC
> **$271K** approved 04/15/2020 · Paid in Full · Loan `8161387109`
## Borrower
- **Name:** MBC WB LLC
- **Address:** 1523 Winthrop Drive, ALLEN, TX, 75013
- **NAICS:** 722511
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Utilities:** $68K
- **Jobs reported:** 42
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*