PPP Loan information for Mtg & associates inc

$219,331

Mtg & associates inc was initially approved for PPP Loan of amount $219,331, the current approved amount is $219,331. The loan was approved on 01/26/2021 by The Norway Savings Bank reported 30 jobs and $219,331 was used to fund payroll.

Mtg & associates inc is Existing or more than 2 years old

MTG & ASSOCIATES INC

Date Approved

01/26/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MTG & ASSOCIATES INC

Borrower Address

17 Burnham Woods Cir

Borrower City

Scarborough

Borrower State

ME

Borrower Zip

04074-8820

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

219331.00

Current Approval Amount

219331.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

29763

Servicing Lender Name

Norway Savings Bank

Servicing Lender Address

261 Main St

Servicing Lender City

NORWAY

Servicing Lender State

ME

Servicing Lender Zip

04268-5915

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scarborough

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04074-8820

CD

ME-01

Jobs Reported

30

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

219326.00

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

29763

Originating Lender

Norway Savings Bank

Originating Lender City

NORWAY

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220574.88

Forgiveness Date

08/24/2021

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