PPP Loan information for Mga enterprises inc

$34,548

Mga enterprises inc was initially approved for PPP Loan of amount $34,548, the current approved amount is $34,548. The loan was approved on 01/22/2021 by The New Peoples Bank, Inc. reported 5 jobs and $34,548 was used to fund payroll.

Mga enterprises inc is Existing or more than 2 years old

PPP Loan Search / VA / Chilhowie / Mga enterprises inc

MGA ENTERPRISES INC

Date Approved

01/22/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MGA ENTERPRISES INC

Borrower Address

316 E Lee Hwy

Borrower City

Chilhowie

Borrower State

VA

Borrower Zip

24319-4653

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34547.50

Current Approval Amount

34547.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chilhowie

Project County Name

SMYTH

Project State

VA

Project Zip

24319-4653

CD

VA-09

Jobs Reported

5

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34547.50

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34766.30

Forgiveness Date

09/14/2021

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