PPP Loan information for Mgmb corporation

$22,600

Mgmb corporation was initially approved for PPP Loan of amount $22,600, the current approved amount is $22,600. The loan was approved on 04/28/2020 by The United Bank reported 7 jobs and $22,600 was used to fund payroll.

Mgmb corporation is Existing or more than 2 years old

MGMB CORPORATION

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MGMB CORPORATION

Borrower Address

11300 SPUR WHEEL LN

Borrower City

POTOMAC

Borrower State

MD

Borrower Zip

20854-1266

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22600.00

Current Approval Amount

22600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POTOMAC

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20854-1266

CD

MD-08

Jobs Reported

7

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22600.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

22769.50

Forgiveness Date

02/04/2021

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