PPP Loan information for Mg auto sales inc

$20,000

Mg auto sales inc was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 05/01/2020 by The Zions Bank, A Division of reported 4 jobs and $20,000 was used to fund payroll.

Mg auto sales inc is Existing or more than 2 years old

MG AUTO SALES INC

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MG AUTO SALES INC

Borrower Address

4790 South Cherry St

Borrower City

Murray

Borrower State

UT

Borrower Zip

84123

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Murray

Project County Name

SALT LAKE

Project State

UT

Project Zip

84123-1100

CD

UT-02

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20144.11

Forgiveness Date

01/25/2021

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