PPP Loan information for Mrg inc.

$460,267

Mrg inc. was initially approved for PPP Loan of amount $460,267, the current approved amount is $460,267. The loan was approved on 01/27/2021 by The BankGloucester reported 31 jobs and $460,267 was used to fund payroll.

Mrg inc. is Existing or more than 2 years old

PPP Loan Search / MA / Essex / Mrg inc.

MRG INC.

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MRG INC.

Borrower Address

234 John Wise Ave

Borrower City

Essex

Borrower State

MA

Borrower Zip

01929-1059

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

460267.00

Current Approval Amount

460267.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89293

Servicing Lender Name

BankGloucester

Servicing Lender Address

160 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Essex

Project County Name

ESSEX

Project State

MA

Project Zip

01929-1059

CD

MA-06

Jobs Reported

31

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

460262.00

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

Subchapter S Corporation

Originating Lender Location Id

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

464831.84

Forgiveness Date

01/26/2022

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