PPP Loan information for Mg construction llc

$177,102

Mg construction llc was initially approved for PPP Loan of amount $177,102, the current approved amount is $177,102. The loan was approved on 03/24/2021 by The The Bank of Jackson reported 33 jobs and $177,102 was used to fund payroll.

Mg construction llc is Existing or more than 2 years old

MG CONSTRUCTION LLC

Date Approved

03/24/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MG CONSTRUCTION LLC

Borrower Address

2522 Bells Hwy

Borrower City

Jackson

Borrower State

TN

Borrower Zip

38305-8848

Loan Status Date

11/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177102.31

Current Approval Amount

177102.31

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121542

Servicing Lender Name

The Bank of Jackson

Servicing Lender Address

420 Oil Well Rd

Servicing Lender City

JACKSON

Servicing Lender State

TN

Servicing Lender Zip

38305-7352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

MADISON

Project State

TN

Project Zip

38305-8848

CD

TN-08

Jobs Reported

33

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

177096.31

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

Limited Liability Company(LLC)

Originating Lender Location Id

121542

Originating Lender

The Bank of Jackson

Originating Lender City

JACKSON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179837.56

Forgiveness Date

10/04/2022

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