PPP Loan information for Mg1 inc

$55,593

Mg1 inc was initially approved for PPP Loan of amount $55,593, the current approved amount is $55,593. The loan was approved on 04/29/2020 by The Wells Fargo Bank, National Association reported 5 jobs and $55,593 was used to fund payroll.

Mg1 inc is New Business or 2 years or less

PPP Loan Search / CA / RANCHO CUCAMONGA / Mg1 inc

MG1 INC

Date Approved

04/29/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

MG1 INC

Borrower Address

8008 HAVEN AVENUE SUITE 200

Borrower City

RANCHO CUCAMONGA

Borrower State

CA

Borrower Zip

91730

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55593.00

Current Approval Amount

55593.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RANCHO CUCAMONGA

Project County Name

SAN BERNARDINO

Project State

CA

Project Zip

91730-0100

CD

CA-35

Jobs Reported

5

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55593.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56182.44

Forgiveness Date

05/27/2021

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