PPP Loan information for M & g contractors

$517,400

M & g contractors was initially approved for PPP Loan of amount $517,400, the current approved amount is $517,400. The loan was approved on 04/06/2020 by The Security State Bank & Trust reported 46 jobs and $517,400 was used to fund payroll.

M & g contractors is Existing or more than 2 years old

M & G CONTRACTORS

Date Approved

04/06/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

M & G CONTRACTORS

Borrower Address

1820 WATSON LN E Ste B

Borrower City

NEW BRAUNFELS

Borrower State

TX

Borrower Zip

78130-7259

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

517400.00

Current Approval Amount

517400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69949

Servicing Lender Name

Security State Bank & Trust

Servicing Lender Address

201 W Main St

Servicing Lender City

FREDERICKSBURG

Servicing Lender State

TX

Servicing Lender Zip

78624-3709

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BRAUNFELS

Project County Name

COMAL

Project State

TX

Project Zip

78130-7259

CD

TX-35

Jobs Reported

46

NAICS Code

237120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

129350.00

Payroll Proceed

388050.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

69949

Originating Lender

Security State Bank & Trust

Originating Lender City

FREDERICKSBURG

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

510232.98

Forgiveness Date

11/03/2020

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