PPP Loan information for Mg transport inc

$87,354

Mg transport inc was initially approved for PPP Loan of amount $87,354, the current approved amount is $87,354. The loan was approved on 08/04/2020 by The Machias Savings Bank reported 7 jobs and $87,354 was used to fund payroll.

Mg transport inc is Existing or more than 2 years old

MG TRANSPORT INC

Date Approved

08/04/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MG TRANSPORT INC

Borrower Address

9 Walton Mills Road

Borrower City

SKOWHEGAN

Borrower State

ME

Borrower Zip

04976-6338

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87354.00

Current Approval Amount

87354.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SKOWHEGAN

Project County Name

SOMERSET

Project State

ME

Project Zip

04976-6338

CD

ME-02

Jobs Reported

7

NAICS Code

485999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87354.00

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

Subchapter S Corporation

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87790.77

Forgiveness Date

02/02/2021

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