PPP Loan information for Mg concrete inc

$49,305

Mg concrete inc was initially approved for PPP Loan of amount $49,305, the current approved amount is $49,305. The loan was approved on 04/27/2021 by The U.S. Bank, National Association reported 6 jobs and $49,305 was used to fund payroll.

Mg concrete inc is Existing or more than 2 years old

MG CONCRETE INC

Date Approved

04/27/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

MG CONCRETE INC

Borrower Address

29460 Gadsden Dr

Borrower City

Brighton

Borrower State

CO

Borrower Zip

80603-8843

Loan Status Date

11/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49305.00

Current Approval Amount

49305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brighton

Project County Name

ADAMS

Project State

CO

Project Zip

80603-8843

CD

CO-08

Jobs Reported

6

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49305.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50024.03

Forgiveness Date

10/06/2022

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