PPP Loan information for Mga entertainment inc

$7,358,865

Mga entertainment inc was initially approved for PPP Loan of amount $7,358,865, the current approved amount is $7,358,865. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 357 jobs and $7,358,865 was used to fund payroll.

Mga entertainment inc is New Business or 2 years or less

MGA ENTERTAINMENT INC

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MGA ENTERTAINMENT INC

Borrower Address

16380 ROSCOE BLVD STE 110

Borrower City

VAN NUYS

Borrower State

CA

Borrower Zip

91406-1221

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7358865.00

Current Approval Amount

7358865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

VAN NUYS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91406-1221

CD

CA-29

Jobs Reported

357

NAICS Code

423920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7358865.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7439913.32

Forgiveness Date

06/09/2021

;