PPP Loan information for Mgm, inc.

$127,900

Mgm, inc. was initially approved for PPP Loan of amount $127,900, the current approved amount is $127,900. The loan was approved on 04/30/2020 by The Comerica Bank reported 12 jobs and $127,900 was used to fund payroll.

Mgm, inc. is Existing or more than 2 years old

MGM, INC.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MGM, INC.

Borrower Address

325 West Washtenaw Street

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48933-1508

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127900.00

Current Approval Amount

127900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48933-1508

CD

MI-07

Jobs Reported

12

NAICS Code

812210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

127900.00

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

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

129253.61

Forgiveness Date

05/24/2021

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