PPP Loan information for Mgm enterprise

$17,400

Mgm enterprise was initially approved for PPP Loan of amount $17,400, the current approved amount is $17,400. The loan was approved on 04/13/2020 by The CedarStone Bank reported 3 jobs and $17,400 was used to fund payroll.

Mgm enterprise is New Business or 2 years or less

MGM ENTERPRISE

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MGM ENTERPRISE

Borrower Address

305 W MAIN ST

Borrower City

LEBANON

Borrower State

TN

Borrower Zip

37087-3545

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17400.00

Current Approval Amount

17400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378043

Servicing Lender Name

CedarStone Bank

Servicing Lender Address

900 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3410

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LEBANON

Project County Name

WILSON

Project State

TN

Project Zip

37087-3545

CD

TN-06

Jobs Reported

3

NAICS Code

531312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

378043

Originating Lender

CedarStone Bank

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17529.05

Forgiveness Date

01/08/2021

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