PPP Loan information for Mg laundry corp

$26,840

Mg laundry corp was initially approved for PPP Loan of amount $26,840, the current approved amount is $26,840. The loan was approved on 01/23/2021 by The TruBank reported 10 jobs and $26,840 was used to fund payroll.

Mg laundry corp is Existing or more than 2 years old

PPP Loan Search / IA / Newton / Mg laundry corp

MG LAUNDRY CORP

Date Approved

01/23/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MG LAUNDRY CORP

Borrower Address

1220 S 5th Ave E

Borrower City

Newton

Borrower State

IA

Borrower Zip

50208-4032

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26840.00

Current Approval Amount

26840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25206

Servicing Lender Name

TruBank

Servicing Lender Address

1401 N Jefferson

Servicing Lender City

INDIANOLA

Servicing Lender State

IA

Servicing Lender Zip

50125-1463

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

JASPER

Project State

IA

Project Zip

50208-4032

CD

IA-01

Jobs Reported

10

NAICS Code

812320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

26838.00

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

Subchapter S Corporation

Originating Lender Location Id

25206

Originating Lender

TruBank

Originating Lender City

INDIANOLA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

26974.20

Forgiveness Date

07/28/2021

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