PPP Loan information for Mg electric llc

$123,067

Mg electric llc was initially approved for PPP Loan of amount $123,067, the current approved amount is $123,067. The loan was approved on 02/08/2021 by The The Huntington National Bank reported 8 jobs and $123,067 was used to fund payroll.

Mg electric llc is Existing or more than 2 years old

PPP Loan Search / OH / Youngstown / Mg electric llc

MG ELECTRIC LLC

Date Approved

02/08/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MG ELECTRIC LLC

Borrower Address

1551 W Western Reserve Rd

Borrower City

Youngstown

Borrower State

OH

Borrower Zip

44514-3551

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123067.00

Current Approval Amount

123067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Youngstown

Project County Name

MAHONING

Project State

OH

Project Zip

44514-3551

CD

OH-06

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

123065.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124317.90

Forgiveness Date

02/16/2022

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