PPP Loan information for Mg biologics, inc.

$283,100

Mg biologics, inc. was initially approved for PPP Loan of amount $283,100, the current approved amount is $283,100. The loan was approved on 04/07/2020 by The South Story Bank & Trust reported 35 jobs and $283,100 was used to fund payroll.

Mg biologics, inc. is Existing or more than 2 years old

PPP Loan Search / IA / AMES / Mg biologics, inc.

MG BIOLOGICS, INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MG BIOLOGICS, INC.

Borrower Address

2366 270th St

Borrower City

AMES

Borrower State

IA

Borrower Zip

50014-2616

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283100.00

Current Approval Amount

283100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25481

Servicing Lender Name

South Story Bank & Trust

Servicing Lender Address

501 Linn St

Servicing Lender City

SLATER

Servicing Lender State

IA

Servicing Lender Zip

50244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50014-2616

CD

IA-04

Jobs Reported

35

NAICS Code

325414

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

283100.00

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

25481

Originating Lender

South Story Bank & Trust

Originating Lender City

SLATER

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

285592.85

Forgiveness Date

02/25/2021

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