PPP Loan information for Mg morgan logging company llc

$28,483

Mg morgan logging company llc was initially approved for PPP Loan of amount $28,483, the current approved amount is $28,483. The loan was approved on 04/07/2021 by The Troy Bank & Trust Company reported 6 jobs and $28,483 was used to fund payroll.

Mg morgan logging company llc is Existing or more than 2 years old

PPP Loan Search / AL / Abbeville / Mg morgan logging company llc

MG MORGAN LOGGING COMPANY LLC

Date Approved

04/07/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MG MORGAN LOGGING COMPANY LLC

Borrower Address

359 Calhoun Dr

Borrower City

Abbeville

Borrower State

AL

Borrower Zip

36310-5602

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28482.50

Current Approval Amount

28482.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3323

Servicing Lender Name

Troy Bank & Trust Company

Servicing Lender Address

1000 US Hwy 231 S

Servicing Lender City

TROY

Servicing Lender State

AL

Servicing Lender Zip

36081-3104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Abbeville

Project County Name

HENRY

Project State

AL

Project Zip

36310-5602

CD

AL-02

Jobs Reported

6

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

28480.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

3323

Originating Lender

Troy Bank & Trust Company

Originating Lender City

TROY

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28668.22

Forgiveness Date

12/06/2021

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