PPP Loan information for Mg laundry corporation

$24,100

Mg laundry corporation was initially approved for PPP Loan of amount $24,100, the current approved amount is $24,100. The loan was approved on 04/06/2020 by The TruBank reported 5 jobs and $24,100 was used to fund payroll.

Mg laundry corporation is Existing or more than 2 years old

PPP Loan Search / IA / GRIMES / Mg laundry corporation

MG LAUNDRY CORPORATION

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MG LAUNDRY CORPORATION

Borrower Address

2000 SE 44th Ct

Borrower City

GRIMES

Borrower State

IA

Borrower Zip

50111-4931

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24100.00

Current Approval Amount

24100.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRIMES

Project County Name

POLK

Project State

IA

Project Zip

50111-4931

CD

IA-03

Jobs Reported

5

NAICS Code

812310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1594.00

Payroll Proceed

19320.00

Mortgage Interest Proceed

1593.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1593

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

24282.09

Forgiveness Date

01/07/2021

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