PPP Loan information for Mgs inc

$1,881,992

Mgs inc was initially approved for PPP Loan of amount $1,881,992, the current approved amount is $1,881,992. The loan was approved on 04/10/2020 by The Fulton Bank, National Association reported 126 jobs and $1,881,992 was used to fund payroll.

Mgs inc is Existing or more than 2 years old

PPP Loan Search / PA / Denver / Mgs inc

MGS INC

Date Approved

04/10/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MGS INC

Borrower Address

178 Muddy Creek Church Road

Borrower City

Denver

Borrower State

PA

Borrower Zip

17517-9328

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1881992.00

Current Approval Amount

1881992.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Denver

Project County Name

LANCASTER

Project State

PA

Project Zip

17517-9328

CD

PA-11

Jobs Reported

126

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

235247.87

Payroll Proceed

1411495.00

Mortgage Interest Proceed

235249.13

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1893911.28

Forgiveness Date

12/02/2020

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