PPP Loan information for The management group associates, inc.

$656,100

The management group associates, inc. was initially approved for PPP Loan of amount $656,100, the current approved amount is $656,100. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 51 jobs and $656,100 was used to fund payroll.

The management group associates, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Germantown / The management group associates, inc.

THE MANAGEMENT GROUP ASSOCIATES, INC.

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE MANAGEMENT GROUP ASSOCIATES, INC.

Borrower Address

20440 Century Boulevard Suite 100

Borrower City

Germantown

Borrower State

MD

Borrower Zip

20874

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

656100.00

Current Approval Amount

656100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Germantown

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20874-0500

CD

MD-06

Jobs Reported

51

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

645252.00

Mortgage Interest Proceed

0.00

Rent Proceed

10848.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

663775.47

Forgiveness Date

06/28/2021

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