PPP Loan information for Mg contracting & development llc

$10,000

Mg contracting & development llc was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 06/22/2020 by The Newtek Small Business Finance, Inc. reported 1 jobs and $10,000 was used to fund payroll.

Mg contracting & development llc is Existing or more than 2 years old

MG CONTRACTING & DEVELOPMENT LLC

Date Approved

06/22/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MG CONTRACTING & DEVELOPMENT LLC

Borrower Address

CANTERBURY DR 39 Canterbury Dr

Borrower City

SCOTCH PLAINS

Borrower State

NJ

Borrower Zip

07076-1508

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCOTCH PLAINS

Project County Name

UNION

Project State

NJ

Project Zip

07076-1508

CD

NJ-07

Jobs Reported

1

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10093.61

Forgiveness Date

06/10/2021

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