PPP Loan information for Mg services llc

$488,112

Mg services llc was initially approved for PPP Loan of amount $488,112, the current approved amount is $488,112. The loan was approved on 05/27/2021 by The City First Bank, National Association reported 26 jobs and $488,112 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

05/27/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MG SERVICES LLC

Borrower Address

3401 8th St NE

Borrower City

Washington

Borrower State

DC

Borrower Zip

20017-1747

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

488112.00

Current Approval Amount

488112.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123224

Servicing Lender Name

City First Bank, National Association

Servicing Lender Address

1432 U St NW

Servicing Lender City

WASHINGTON

Servicing Lender State

DC

Servicing Lender Zip

20009-3916

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

26

NAICS Code

531390

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

488108.00

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

123224

Originating Lender

City First Bank, National Association

Originating Lender City

WASHINGTON

Originating Lender State

DC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

492369.42

Forgiveness Date

04/11/2022

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