PPP Loan information for M g roofing inc

$226,298

M g roofing inc was initially approved for PPP Loan of amount $226,298, the current approved amount is $226,298. The loan was approved on 04/06/2020 by The Bank Independent reported 25 jobs and $226,298 was used to fund payroll.

M g roofing inc is Existing or more than 2 years old

M G ROOFING INC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

M G ROOFING INC

Borrower Address

2714 AVALON AVE

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-2706

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226297.50

Current Approval Amount

226297.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCLE SHOALS

Project County Name

COLBERT

Project State

AL

Project Zip

35661-2706

CD

AL-04

Jobs Reported

25

NAICS Code

238160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

226297.50

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

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

217541.21

Forgiveness Date

11/09/2020

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