PPP Loan information for Mcg1, inc.

$152,085

Mcg1, inc. was initially approved for PPP Loan of amount $152,085, the current approved amount is $152,085. The loan was approved on 04/10/2020 by The CrossFirst Bank reported 38 jobs and $152,085 was used to fund payroll.

Mcg1, inc. is Existing or more than 2 years old

MCG1, INC.

Date Approved

04/10/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MCG1, INC.

Borrower Address

8065 FOUNTAIN MESA RD

Borrower City

FOUNTAIN

Borrower State

CO

Borrower Zip

80817-1591

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152085.00

Current Approval Amount

152085.00

Undisbursed Amount

0.00

Franchise Name

Culver's ButterBurgers & Frozen Custard

Servicing Lender Location Id

450916

Servicing Lender Name

CrossFirst Bank

Servicing Lender Address

11440 Tomahawk Creek Pkwy

Servicing Lender City

LEAWOOD

Servicing Lender State

KS

Servicing Lender Zip

66211-2672

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOUNTAIN

Project County Name

EL PASO

Project State

CO

Project Zip

80817-1591

CD

CO-05

Jobs Reported

38

NAICS Code

999990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

152085.00

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

450916

Originating Lender

CrossFirst Bank

Originating Lender City

LEAWOOD

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

153447.51

Forgiveness Date

03/11/2021

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