PPP Loan information for M&g management and logistics, inc

$130,000

M&g management and logistics, inc was initially approved for PPP Loan of amount $130,000, the current approved amount is $130,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 9 jobs and $130,000 was used to fund payroll.

M&g management and logistics, inc is Existing or more than 2 years old

PPP Loan Search / IL / LOMBARD / M&g management and logistics, inc

M&G MANAGEMENT AND LOGISTICS, INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

M&G MANAGEMENT AND LOGISTICS, INC

Borrower Address

2770 S HIGHLAND AVE STE 101

Borrower City

LOMBARD

Borrower State

IL

Borrower Zip

60148

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130000.00

Current Approval Amount

130000.00

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

LOMBARD

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-0001

CD

IL-06

Jobs Reported

9

NAICS Code

488999

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

113800.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6600.00

Debt Interest Proceed

1600

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

130884.72

Forgiveness Date

01/07/2021

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