PPP Loan information for Mg distributor llc

$20,833

Mg distributor llc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/22/2021 by The Reading Co-Operative Bank reported 1 jobs and $20,833 was used to fund payroll.

Mg distributor llc is Existing or more than 2 years old

MG DISTRIBUTOR LLC

Date Approved

04/22/2021

SBA Office Code

0189

Processing Method

PPP

Borrower Name

MG DISTRIBUTOR LLC

Borrower Address

11 Underhill St

Borrower City

Nashua

Borrower State

NH

Borrower Zip

03060-4090

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.50

Current Approval Amount

20832.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nashua

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03060-4090

CD

NH-02

Jobs Reported

1

NAICS Code

453998

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20831.50

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

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20973.12

Forgiveness Date

12/23/2021

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