PPP Loan information for Mgn inc

$44,960

Mgn inc was initially approved for PPP Loan of amount $44,960, the current approved amount is $44,960. The loan was approved on 04/14/2020 by The Cadence Bank reported 10 jobs and $44,960 was used to fund payroll.

Mgn inc is Existing or more than 2 years old

MGN INC

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MGN INC

Borrower Address

202 AMBASSADOR CAFFERY PKWY

Borrower City

SCOTT

Borrower State

LA

Borrower Zip

70583

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

44960.00

Current Approval Amount

44960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCOTT

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70583-0001

CD

LA-03

Jobs Reported

10

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44960.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;