PPP Loan information for Mg industrial inc

$24,624

Mg industrial inc was initially approved for PPP Loan of amount $24,624, the current approved amount is $24,624. The loan was approved on 02/06/2021 by The Customers Bank reported 3 jobs and $24,624 was used to fund payroll.

Mg industrial inc is Existing or more than 2 years old

MG INDUSTRIAL INC

Date Approved

02/06/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MG INDUSTRIAL INC

Borrower Address

21W569 Kensington Rd

Borrower City

Glen Ellyn

Borrower State

IL

Borrower Zip

60137-7011

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24624.00

Current Approval Amount

24624.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

60137-7011

CD

IL-06

Jobs Reported

3

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

24622.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24843.25

Forgiveness Date

01/11/2022

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