PPP Loan information for Mgc, inc

$42,985

Mgc, inc was initially approved for PPP Loan of amount $42,985, the current approved amount is $42,985. The loan was approved on 06/02/2020 by The FirstBank Puerto Rico reported 2 jobs and $42,985 was used to fund payroll.

Mgc, inc is New Business or 2 years or less

PPP Loan Search / VI / CHRISTIANSTED / Mgc, inc

MGC, INC

Date Approved

06/02/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

MGC, INC

Borrower Address

77 CASTLE COAKLEY

Borrower City

CHRISTIANSTED

Borrower State

VI

Borrower Zip

00820

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42985.00

Current Approval Amount

42985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHRISTIANSTED

Project County Name

SAINT CROIX

Project State

VI

Project Zip

00820-2500

CD

VI-

Jobs Reported

2

NAICS Code

561621

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42985.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43367.09

Forgiveness Date

04/27/2021

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