PPP Loan information for Mcg loan llc

$2,094,501

Mcg loan llc was initially approved for PPP Loan of amount $2,094,501, the current approved amount is $2,094,501. The loan was approved on 05/18/2020 by The Citibank, N.A. reported 202 jobs and $2,094,501 was used to fund payroll.

Mcg loan llc is Existing or more than 2 years old

MCG LOAN LLC

Date Approved

05/18/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MCG LOAN LLC

Borrower Address

275 East Street Road Suite A

Borrower City

FEASTERVILLE TREVOSE

Borrower State

PA

Borrower Zip

19053

Loan Status Date

02/18/2022

Loan Status

Charged Off

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

2094501.00

Current Approval Amount

2094501.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FEASTERVILLE TREVOSE

Project County Name

BUCKS

Project State

PA

Project Zip

19053-0001

CD

PA-01

Jobs Reported

202

NAICS Code

522292

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2094501.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;