PPP Loan information for Mcg ventures llc

$624,995

Mcg ventures llc was initially approved for PPP Loan of amount $624,995, the current approved amount is $624,995. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 45 jobs and $624,995 was used to fund payroll.

Mcg ventures llc is New Business or 2 years or less

MCG VENTURES LLC

Date Approved

04/30/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MCG VENTURES LLC

Borrower Address

PO Box 800

Borrower City

Clackamas

Borrower State

OR

Borrower Zip

97015

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

624995.00

Current Approval Amount

624995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Clackamas

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97015-0001

CD

OR-05

Jobs Reported

45

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

624995.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

631453.28

Forgiveness Date

05/19/2021

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