PPP Loan information for Mg construction co

$472,402

Mg construction co was initially approved for PPP Loan of amount $472,402, the current approved amount is $472,402. The loan was approved on 02/03/2021 by The Customers Bank reported 86 jobs and $472,402 was used to fund payroll.

Mg construction co is Existing or more than 2 years old

PPP Loan Search / NJ / Old Bridge / Mg construction co

MG CONSTRUCTION CO

Date Approved

02/03/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MG CONSTRUCTION CO

Borrower Address

1810 Englishtown Rd

Borrower City

Old Bridge

Borrower State

NJ

Borrower Zip

08857-3938

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

472402.00

Current Approval Amount

472402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Old Bridge

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08857-3938

CD

NJ-12

Jobs Reported

86

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

472399.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

477074.25

Forgiveness Date

02/23/2022

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