PPP Loan information for Mg industrial inc.

$27,705

Mg industrial inc. was initially approved for PPP Loan of amount $27,705, the current approved amount is $27,705. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 3 jobs and $27,705 was used to fund payroll.

Mg industrial inc. is Existing or more than 2 years old

PPP Loan Search / IL / GLEN ELLYN / Mg industrial inc.

MG INDUSTRIAL INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MG INDUSTRIAL INC.

Borrower Address

21W 569 Kensington

Borrower City

GLEN ELLYN

Borrower State

IL

Borrower Zip

60137

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27705.00

Current Approval Amount

27705.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLEN ELLYN

Project County Name

DUPAGE

Project State

IL

Project Zip

60137-2000

CD

IL-06

Jobs Reported

3

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

22164.00

Mortgage Interest Proceed

0.00

Rent Proceed

2800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1241

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28020.25

Forgiveness Date

06/24/2021

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