PPP Loan information for Mg electric llc

$92,366

Mg electric llc was initially approved for PPP Loan of amount $92,366, the current approved amount is $92,366. The loan was approved on 04/13/2020 by The The Citizens Bank of Georgia reported 10 jobs and $92,366 was used to fund payroll.

Mg electric llc is Existing or more than 2 years old

MG ELECTRIC LLC

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MG ELECTRIC LLC

Borrower Address

5910 Shiloh Road E Ste 116

Borrower City

Alpharetta

Borrower State

GA

Borrower Zip

30005

Loan Status Date

11/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92366.00

Current Approval Amount

92366.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120988

Servicing Lender Name

The Citizens Bank of Georgia

Servicing Lender Address

651 Veterans Memorial Blvd

Servicing Lender City

CUMMING

Servicing Lender State

GA

Servicing Lender Zip

30040-2711

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alpharetta

Project County Name

FULTON

Project State

GA

Project Zip

30005-0001

CD

GA-06

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

92366.00

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

120988

Originating Lender

The Citizens Bank of Georgia

Originating Lender City

CUMMING

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

92891.97

Forgiveness Date

11/09/2020

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