PPP Loan information for Megal corp.

$41,600

Megal corp. was initially approved for PPP Loan of amount $41,600, the current approved amount is $41,600. The loan was approved on 04/30/2020 by The Live Oak Banking Company reported 2 jobs and $41,600 was used to fund payroll.

Megal corp. is New Business or 2 years or less

PPP Loan Search / MI / West Bloomfield / Megal corp.

MEGAL CORP.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MEGAL CORP.

Borrower Address

2346 Walnut Lake Rd

Borrower City

West Bloomfield

Borrower State

MI

Borrower Zip

48323

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41600.00

Current Approval Amount

41600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

West Bloomfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48323-0899

CD

MI-11

Jobs Reported

2

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41600.00

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

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41946.48

Forgiveness Date

03/05/2021

;