PPP Loan information for Mlg auto group inc

$83,332

Mlg auto group inc was initially approved for PPP Loan of amount $83,332, the current approved amount is $83,332. The loan was approved on 03/16/2021 by The Cross River Bank reported 4 jobs and $83,332 was used to fund payroll.

Mlg auto group inc is Existing or more than 2 years old

MLG AUTO GROUP INC

Date Approved

03/16/2021

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MLG AUTO GROUP INC

Borrower Address

331 SW 14th Ave

Borrower City

Pompano Beach

Borrower State

FL

Borrower Zip

33069-3509

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83332.00

Current Approval Amount

83332.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pompano Beach

Project County Name

BROWARD

Project State

FL

Project Zip

33069-3509

CD

FL-20

Jobs Reported

4

NAICS Code

524210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

83330.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83866.24

Forgiveness Date

11/08/2021

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