PPP Loan information for Mg products llc

$242,404

Mg products llc was initially approved for PPP Loan of amount $242,404, the current approved amount is $242,404. The loan was approved on 04/12/2020 by The Ocean Bank reported 39 jobs and $242,404 was used to fund payroll.

Mg products llc is Existing or more than 2 years old

PPP Loan Search / FL / DORAL / Mg products llc

MG PRODUCTS LLC

Date Approved

04/12/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MG PRODUCTS LLC

Borrower Address

2678 Northwest 112th Avenue

Borrower City

DORAL

Borrower State

FL

Borrower Zip

33172-1800

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242404.00

Current Approval Amount

242404.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17414

Servicing Lender Name

Ocean Bank

Servicing Lender Address

780 NW 42nd Ave

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33126-5540

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DORAL

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33172-1800

CD

FL-28

Jobs Reported

39

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

242404.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

17414

Originating Lender

Ocean Bank

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244011.17

Forgiveness Date

12/16/2020

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