PPP Loan information for Mcg plastics inc

$48,105

Mcg plastics inc was initially approved for PPP Loan of amount $48,105, the current approved amount is $48,105. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 80 jobs and $48,105 was used to fund payroll.

Mcg plastics inc is Existing or more than 2 years old

PPP Loan Search / MI / BAY CITY / Mcg plastics inc

MCG PLASTICS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MCG PLASTICS INC

Borrower Address

3661 N EUCLID AVE

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48706

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48105.00

Current Approval Amount

48105.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48706-0001

CD

MI-08

Jobs Reported

80

NAICS Code

326199

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

11869.00

Payroll Proceed

34236.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48590.83

Forgiveness Date

05/10/2021

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