PPP Loan information for Mg, inc.

$63,800

Mg, inc. was initially approved for PPP Loan of amount $63,800, the current approved amount is $63,800. The loan was approved on 04/07/2020 by The Magnifi Financial CU reported 5 jobs and $63,800 was used to fund payroll.

Mg, inc. is Existing or more than 2 years old

PPP Loan Search / ND / WEST FARGO / Mg, inc.

MG, INC.

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MG, INC.

Borrower Address

1767 2ND AVE NW

Borrower City

WEST FARGO

Borrower State

ND

Borrower Zip

58078-1308

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63800.00

Current Approval Amount

63800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST FARGO

Project County Name

CASS

Project State

ND

Project Zip

58078-1308

CD

ND-

Jobs Reported

5

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63800.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64268.45

Forgiveness Date

01/07/2021

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