PPP Loan information for M & g enterprises, inc

$484,457

M & g enterprises, inc was initially approved for PPP Loan of amount $484,457, the current approved amount is $484,457. The loan was approved on 04/10/2020 by The First Commercial Bank reported 34 jobs and $484,457 was used to fund payroll.

M & g enterprises, inc is Existing or more than 2 years old

PPP Loan Search / MS / RICHLAND / M & g enterprises, inc

M & G ENTERPRISES, INC

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

M & G ENTERPRISES, INC

Borrower Address

115 AEROSMITH DRIVE

Borrower City

RICHLAND

Borrower State

MS

Borrower Zip

39218

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

484457.00

Current Approval Amount

484457.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

202885

Servicing Lender Name

First Commercial Bank

Servicing Lender Address

1300 Meadowbrook Rd

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39211-6376

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHLAND

Project County Name

RANKIN

Project State

MS

Project Zip

39218-0001

CD

MS-03

Jobs Reported

34

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6400.00

Payroll Proceed

429857.00

Mortgage Interest Proceed

0.00

Rent Proceed

48200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

202885

Originating Lender

First Commercial Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

487283.00

Forgiveness Date

11/17/2020

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