PPP Loan information for Mg scientific inc

$272,700

Mg scientific inc was initially approved for PPP Loan of amount $272,700, the current approved amount is $272,700. The loan was approved on 04/11/2020 by The Libertyville Bank & Trust Company, National Association reported 18 jobs and $272,700 was used to fund payroll.

Mg scientific inc is Existing or more than 2 years old

PPP Loan Search / WI / PLEASANT PRAIRIE / Mg scientific inc

MG SCIENTIFIC INC

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MG SCIENTIFIC INC

Borrower Address

8500 107th Ave

Borrower City

PLEASANT PRAIRIE

Borrower State

WI

Borrower Zip

53158-5812

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

272700.00

Current Approval Amount

272700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119728

Servicing Lender Name

Libertyville Bank & Trust Company, National Association

Servicing Lender Address

507 N Milwaukee Ave

Servicing Lender City

LIBERTYVILLE

Servicing Lender State

IL

Servicing Lender Zip

60048-2000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLEASANT PRAIRIE

Project County Name

KENOSHA

Project State

WI

Project Zip

53158-5812

CD

WI-01

Jobs Reported

18

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

204525.00

Mortgage Interest Proceed

0.00

Rent Proceed

68175.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119728

Originating Lender

Libertyville Bank & Trust Company, National Association

Originating Lender City

LIBERTYVILLE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

274215.00

Forgiveness Date

11/03/2020

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