PPP Loan information for Megal corp.

$41,666

Megal corp. was initially approved for PPP Loan of amount $41,666, the current approved amount is $41,666. The loan was approved on 03/24/2021 by The Live Oak Banking Company reported 2 jobs and $41,666 was used to fund payroll.

Megal corp. is Existing or more than 2 years old

PPP Loan Search / MI / West Bloomfield / Megal corp.

MEGAL CORP.

Date Approved

03/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MEGAL CORP.

Borrower Address

2346 Walnut Lake Rd

Borrower City

West Bloomfield

Borrower State

MI

Borrower Zip

48323-3740

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41666.00

Current Approval Amount

41666.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Bloomfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48323-3740

CD

MI-11

Jobs Reported

2

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41666.00

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

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41846.36

Forgiveness Date

09/08/2021

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