PPP Loan information for M.g. transport inc.

$87,354

M.g. transport inc. was initially approved for PPP Loan of amount $87,354, the current approved amount is $87,354. The loan was approved on 02/12/2021 by The Machias Savings Bank reported 8 jobs and $87,354 was used to fund payroll.

M.g. transport inc. is Existing or more than 2 years old

M.G. TRANSPORT INC.

Date Approved

02/12/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

M.G. TRANSPORT INC.

Borrower Address

9 Walton Mills Rd

Borrower City

Cornville

Borrower State

ME

Borrower Zip

04976-6338

Loan Status Date

08/14/2021

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

Cornville

Project County Name

SOMERSET

Project State

ME

Project Zip

04976-6338

CD

ME-02

Jobs Reported

8

NAICS Code

484210

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

87739.81

Forgiveness Date

07/27/2021

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