PPP Loan information for Mgm builders inc

$138,898

Mgm builders inc was initially approved for PPP Loan of amount $138,898, the current approved amount is $138,898. The loan was approved on 04/06/2020 by The Norway Savings Bank reported 13 jobs and $138,898 was used to fund payroll.

Mgm builders inc is Existing or more than 2 years old

MGM BUILDERS INC

Date Approved

04/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MGM BUILDERS INC

Borrower Address

8 TURNING LEAF DR

Borrower City

WINDHAM

Borrower State

ME

Borrower Zip

04062-5579

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138897.50

Current Approval Amount

138897.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINDHAM

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04062-5579

CD

ME-01

Jobs Reported

13

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

138897.50

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

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

139666.19

Forgiveness Date

11/05/2020

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