PPP Loan information for Mugele of america inc

$289,000

Mugele of america inc was initially approved for PPP Loan of amount $289,000, the current approved amount is $289,000. The loan was approved on 01/26/2021 by The Regions Bank reported 23 jobs and $289,000 was used to fund payroll.

Mugele of america inc is Existing or more than 2 years old

MUGELE OF AMERICA INC

Date Approved

01/26/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

MUGELE OF AMERICA INC

Borrower Address

1245 Palmour Pl

Borrower City

Gainesville

Borrower State

GA

Borrower Zip

30501-6802

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

289000.00

Current Approval Amount

289000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gainesville

Project County Name

HALL

Project State

GA

Project Zip

30501-6802

CD

GA-09

Jobs Reported

23

NAICS Code

493110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

288999.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

291438.68

Forgiveness Date

12/08/2021

;