PPP Loan information for Mg construction

$20,170

Mg construction was initially approved for PPP Loan of amount $20,170, the current approved amount is $20,170. The loan was approved on 04/24/2021 by The Truist Bank reported 1 jobs and $20,170 was used to fund payroll.

Mg construction is Existing or more than 2 years old

MG CONSTRUCTION

Date Approved

04/24/2021

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MG CONSTRUCTION

Borrower Address

897 Langley Dr

Borrower City

Chester

Borrower State

SC

Borrower Zip

29706-6408

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20170.00

Current Approval Amount

20170.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chester

Project County Name

CHESTER

Project State

SC

Project Zip

29706-6408

CD

SC-05

Jobs Reported

1

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20164.00

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

Sole Proprietorship

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20343.69

Forgiveness Date

03/07/2022

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