PPP Loan information for Mg cattle inc

$24,500

Mg cattle inc was initially approved for PPP Loan of amount $24,500, the current approved amount is $24,500. The loan was approved on 06/23/2020 by The Pilot Grove Savings Bank reported 4 jobs and $24,500 was used to fund payroll.

Mg cattle inc is New Business or 2 years or less

PPP Loan Search / IA / SALEM / Mg cattle inc

MG CATTLE INC

Date Approved

06/23/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MG CATTLE INC

Borrower Address

1164 PILOT GROVE RD

Borrower City

SALEM

Borrower State

IA

Borrower Zip

52649-9515

Loan Status Date

08/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24500.00

Current Approval Amount

24500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25378

Servicing Lender Name

Pilot Grove Savings Bank

Servicing Lender Address

1341 Pilot Grove Rd

Servicing Lender City

PILOT GROVE

Servicing Lender State

IA

Servicing Lender Zip

52648-5000

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SALEM

Project County Name

LEE

Project State

IA

Project Zip

52649-9515

CD

IA-01

Jobs Reported

4

NAICS Code

112111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24500.00

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

25378

Originating Lender

Pilot Grove Savings Bank

Originating Lender City

PILOT GROVE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

24754.53

Forgiveness Date

07/06/2021

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