PPP Loan information for Mgc ventures llc

$117,945

Mgc ventures llc was initially approved for PPP Loan of amount $117,945, the current approved amount is $117,945. The loan was approved on 01/29/2021 by The Manufacturers and Traders Trust Company reported 21 jobs and $117,945 was used to fund payroll.

Mgc ventures llc is Existing or more than 2 years old

PPP Loan Search / MD / Bethesda / Mgc ventures llc

MGC VENTURES LLC

Date Approved

01/29/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MGC VENTURES LLC

Borrower Address

6708 Wisconsin Ave Ste 301

Borrower City

Bethesda

Borrower State

MD

Borrower Zip

20815-5305

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117945.00

Current Approval Amount

117945.00

Undisbursed Amount

0.00

Franchise Name

Fitness Together

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

N

Business Age Description

Existing or more than 2 years old

Project City

Bethesda

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20815-5305

CD

MD-08

Jobs Reported

21

NAICS Code

812990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

117942.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

118672.06

Forgiveness Date

09/24/2021

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