PPP Loan information for Mgb ingredients, llc

$70,600

Mgb ingredients, llc was initially approved for PPP Loan of amount $70,600, the current approved amount is $70,600. The loan was approved on 04/15/2020 by The Commerce Bank reported 4 jobs and $70,600 was used to fund payroll.

Mgb ingredients, llc is Existing or more than 2 years old

MGB INGREDIENTS, LLC

Date Approved

04/15/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

MGB INGREDIENTS, LLC

Borrower Address

2409 North Woodbine Road

Borrower City

SAINT JOSEPH

Borrower State

MO

Borrower Zip

64506

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70600.00

Current Approval Amount

70600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOSEPH

Project County Name

BUCHANAN

Project State

MO

Project Zip

64506-0001

CD

MO-06

Jobs Reported

4

NAICS Code

311999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3165.00

Payroll Proceed

62935.00

Mortgage Interest Proceed

0.00

Rent Proceed

4500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71543.29

Forgiveness Date

08/17/2021

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