PPP Loan information for Mg constructors and engineers inc.

$395,000

Mg constructors and engineers inc. was initially approved for PPP Loan of amount $395,000, the current approved amount is $395,000. The loan was approved on 04/28/2020 by The Mechanics Bank reported 37 jobs and $395,000 was used to fund payroll.

Mg constructors and engineers inc. is New Business or 2 years or less

PPP Loan Search / CA / MORGAN HILL / Mg constructors and engineers inc.

MG CONSTRUCTORS AND ENGINEERS INC.

Date Approved

04/28/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

MG CONSTRUCTORS AND ENGINEERS INC.

Borrower Address

15650 VINEYARD BLVD SUITE A232

Borrower City

MORGAN HILL

Borrower State

CA

Borrower Zip

95037

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395000.00

Current Approval Amount

395000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MORGAN HILL

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95037-2280

CD

CA-18

Jobs Reported

37

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

395000.00

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

398631.81

Forgiveness Date

04/01/2021

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