PPP Loan information for Mg logistics inc

$525,520

Mg logistics inc was initially approved for PPP Loan of amount $525,520, the current approved amount is $525,520. The loan was approved on 04/05/2020 by The Stock Yards Bank & Trust Company reported 60 jobs and $525,520 was used to fund payroll.

Mg logistics inc is Existing or more than 2 years old

PPP Loan Search / KY / LOUISVILLE / Mg logistics inc

MG LOGISTICS INC

Date Approved

04/05/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MG LOGISTICS INC

Borrower Address

8038 Dixie Hwy

Borrower City

LOUISVILLE

Borrower State

KY

Borrower Zip

40258-1345

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

525520.00

Current Approval Amount

525520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27569

Servicing Lender Name

Stock Yards Bank & Trust Company

Servicing Lender Address

1040 E Main St

Servicing Lender City

LOUISVILLE

Servicing Lender State

KY

Servicing Lender Zip

40206-1856

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOUISVILLE

Project County Name

JEFFERSON

Project State

KY

Project Zip

40258-1345

CD

KY-03

Jobs Reported

60

NAICS Code

492110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

525520.00

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

27569

Originating Lender

Stock Yards Bank & Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

529724.16

Forgiveness Date

02/01/2021

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