PPP Loan information for Mg constructors and engineers inc.

$411,900

Mg constructors and engineers inc. was initially approved for PPP Loan of amount $411,900, the current approved amount is $411,900. The loan was approved on 01/19/2021 by The Sunrise Banks, National Association reported 37 jobs and $411,900 was used to fund payroll.

Mg constructors and engineers inc. is Existing or more than 2 years old

MG CONSTRUCTORS AND ENGINEERS INC.

Date Approved

01/19/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

MG CONSTRUCTORS AND ENGINEERS INC.

Borrower Address

1057 Cochrane Rd Ste 560

Borrower City

Morgan Hill

Borrower State

CA

Borrower Zip

95037-9079

Loan Status Date

03/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

411900.00

Current Approval Amount

411900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38858

Servicing Lender Name

Sunrise Banks, National Association

Servicing Lender Address

200 University Ave West

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55103-2074

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morgan Hill

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95037-9079

CD

CA-18

Jobs Reported

37

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

411900.00

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

38858

Originating Lender

Sunrise Banks, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

415059.78

Forgiveness Date

11/01/2021

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