PPP Loan information for Mg holding inc

$180,234

Mg holding inc was initially approved for PPP Loan of amount $180,234, the current approved amount is $180,234. The loan was approved on 04/28/2020 by The First-Citizens National Bank reported 21 jobs and $180,234 was used to fund payroll.

Mg holding inc is Existing or more than 2 years old

MG HOLDING INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MG HOLDING INC

Borrower Address

357 RIVERSIDE DR

Borrower City

FRANKLIN

Borrower State

TN

Borrower Zip

37064-8996

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180234.00

Current Approval Amount

180234.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66949

Servicing Lender Name

First-Citizens National Bank

Servicing Lender Address

One First Citizens Pl

Servicing Lender City

DYERSBURG

Servicing Lender State

TN

Servicing Lender Zip

38024-4643

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37064-8996

CD

TN-07

Jobs Reported

21

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

180234.00

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

66949

Originating Lender

First-Citizens National Bank

Originating Lender City

DYERSBURG

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

181140.18

Forgiveness Date

11/03/2020

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