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      <PreparerPersonNm>JEFFREY G BARBOUR</PreparerPersonNm>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BRAD DENARDO</PersonNm>
          <USAddress>
            <AddressLine1Txt>755 ROANOKE STREET</AddressLine1Txt>
            <CityNm>CHRISTIANSBURG</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
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          <TitleTxt>VICE PRESIDENT</TitleTxt>
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          <PersonNm>BRENDA RIGNEY</PersonNm>
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          <TitleTxt>SECRETARY/TREASURER</TitleTxt>
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        <Description1Txt>PROVIDE SMALL BUSINESSES WITH LOW INTEREST LOANS NOT AVAILABLE FROM CONVENTIONAL SOURCES. RECIPIENTS ARE SMALL BUSINESSES DEEMED TO HAVE POTENTIAL GROWTH AND SUCCESS IN THEIR AREA OF EXPERTISE OR SPECIALIZATION.</Description1Txt>
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          <RecipientPersonNm>BRENDA RIGNEY</RecipientPersonNm>
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          <FormAndInfoAndMaterialsTxt>WRITTEN REQUESTS INCLUDING A BUSINESS PLAN OR 2 YEARS OF FINANCIAL INFORMATION FOR THE BUSINESS, AND KEY CONTACT INFORMATION.</FormAndInfoAndMaterialsTxt>
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        <CategoryTxt>AUDIT FEES</CategoryTxt>
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        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
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      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <AppliedToPriorYearElection documentId="RetDoc12000100081">
      <ElectionDesc>MBC DEVELOPMENT CORPORATION HEREBY ELECTS TO APPLY $19,585 OF QUALIFIED DISTRIBUTIONS FOR TAX YEAR 2021 FROM PART XII, LINE 4 TO UNDISTRIBUTED INCOME OF PRIOR YEARS UNDER REGULATIONS SECTION 53.4942(A)-3(D)(2).</ElectionDesc>
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        <Desc>MISCELLANEOUS</Desc>
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        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>198</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>LOAN INTEREST</Desc>
        <RevenueAndExpensesPerBooksAmt>9289</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>9289</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
  </ReturnData>
</Return>