PPP Loan information for Mge wholesale inc.

$349,200

Mge wholesale inc. was initially approved for PPP Loan of amount $349,200, the current approved amount is $349,200. The loan was approved on 06/24/2020 by The 1st Source Bank reported 35 jobs and $349,200 was used to fund payroll.

Mge wholesale inc. is Existing or more than 2 years old

PPP Loan Search / IN / SOUTH BEND / Mge wholesale inc.

MGE WHOLESALE INC.

Date Approved

06/24/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MGE WHOLESALE INC.

Borrower Address

5021 NIMTZ PKWY

Borrower City

SOUTH BEND

Borrower State

IN

Borrower Zip

46628-6134

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

349200.00

Current Approval Amount

349200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BEND

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46628-6134

CD

IN-02

Jobs Reported

35

NAICS Code

423910

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

349200.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

350431.90

Forgiveness Date

11/05/2020

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