PPP Loan information for M.a.g construction inc

$311,000

M.a.g construction inc was initially approved for PPP Loan of amount $311,000, the current approved amount is $311,000. The loan was approved on 04/06/2020 by The Arizona Financial Credit Union reported 36 jobs and $311,000 was used to fund payroll.

M.a.g construction inc is Existing or more than 2 years old

M.A.G CONSTRUCTION INC

Date Approved

04/06/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

M.A.G CONSTRUCTION INC

Borrower Address

770 N MONTEREY STE B

Borrower City

GILBERT

Borrower State

AZ

Borrower Zip

85233

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311000.00

Current Approval Amount

311000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

91374

Servicing Lender Name

Arizona Financial Credit Union

Servicing Lender Address

333 N 44th St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85008-6568

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GILBERT

Project County Name

MARICOPA

Project State

AZ

Project Zip

85233-0001

CD

AZ-05

Jobs Reported

36

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

311000.00

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

292451

Originating Lender

Horizon Community Bank

Originating Lender City

Lake Havasu City

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

313133.81

Forgiveness Date

12/17/2020

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