PPP Loan information for Mg services llc

$1,025,500

Mg services llc was initially approved for PPP Loan of amount $816,135, the current approved amount is $1,025,500. The loan was approved on 04/06/2020 by The United Bank reported 42 jobs and $1,025,500 was used to fund payroll.

Mg services llc is Existing or more than 2 years old

PPP Loan Search / DC / WASHINGTON / Mg services llc

MG SERVICES LLC

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MG SERVICES LLC

Borrower Address

3401 8th Street NE

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20017-1747

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

816135.00

Current Approval Amount

1025500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20017-1747

CD

DC-

Jobs Reported

42

NAICS Code

531210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1025500.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1037492.65

Forgiveness Date

06/17/2021

;