PPP Loan information for M and g industries, inc.

$377,300

M and g industries, inc. was initially approved for PPP Loan of amount $377,300, the current approved amount is $377,300. The loan was approved on 04/14/2020 by The Webster Bank National Association reported 7 jobs and $377,300 was used to fund payroll.

M and g industries, inc. is Existing or more than 2 years old

M AND G INDUSTRIES, INC.

Date Approved

04/14/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

M AND G INDUSTRIES, INC.

Borrower Address

85 Broad common Rd

Borrower City

BRISTOL

Borrower State

RI

Borrower Zip

02809-2701

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

377300.00

Current Approval Amount

377300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

BRISTOL

Project State

RI

Project Zip

02809-2701

CD

RI-01

Jobs Reported

7

NAICS Code

624410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

377300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

378058.93

Forgiveness Date

05/11/2021

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