PPP Loan information for Mg foods, inc.

$157,456

Mg foods, inc. was initially approved for PPP Loan of amount $157,456, the current approved amount is $157,456. The loan was approved on 04/10/2020 by The Business Development Corporation of South Carolina reported 35 jobs and $157,456 was used to fund payroll.

Mg foods, inc. is Startup, Loan Funds will Open Business

MG FOODS, INC.

Date Approved

04/10/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MG FOODS, INC.

Borrower Address

210 Robert Smalls Parkway

Borrower City

Beaufort

Borrower State

SC

Borrower Zip

29906-4213

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157456.00

Current Approval Amount

157456.00

Undisbursed Amount

0.00

Franchise Name

Zaxby's

Servicing Lender Location Id

188517

Servicing Lender Name

Business Development Corporation of South Carolina

Servicing Lender Address

111 Executive Center Drive Suite 225

Servicing Lender City

Columbia

Servicing Lender State

SC

Servicing Lender Zip

29210

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Startup, Loan Funds will Open Business

Project City

Beaufort

Project County Name

BEAUFORT

Project State

SC

Project Zip

29906-4213

CD

SC-01

Jobs Reported

35

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

157456.00

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

188517

Originating Lender

Business Development Corporation of South Carolina

Originating Lender City

Columbia

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

158470.72

Forgiveness Date

12/09/2020

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