PPP Loan information for Mgt logging, inc.

$6,300

Mgt logging, inc. was initially approved for PPP Loan of amount $6,300, the current approved amount is $6,300. The loan was approved on 05/27/2020 by The Katahdin Trust Co. reported 1 jobs and $6,300 was used to fund payroll.

Mgt logging, inc. is Existing or more than 2 years old

MGT LOGGING, INC.

Date Approved

05/27/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MGT LOGGING, INC.

Borrower Address

1096 Main St

Borrower City

SAINT FRANCIS

Borrower State

ME

Borrower Zip

04774-3235

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6300.00

Current Approval Amount

6300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29770

Servicing Lender Name

Katahdin Trust Co.

Servicing Lender Address

11 Main St

Servicing Lender City

PATTEN

Servicing Lender State

ME

Servicing Lender Zip

04765-3100

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT FRANCIS

Project County Name

AROOSTOOK

Project State

ME

Project Zip

04774-3235

CD

ME-02

Jobs Reported

1

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

650.00

Payroll Proceed

4725.00

Mortgage Interest Proceed

925.00

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

29770

Originating Lender

Katahdin Trust Co.

Originating Lender City

PATTEN

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6351.28

Forgiveness Date

03/24/2021

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