PPP Loan information for Mga enterprises, inc.

$27,637

Mga enterprises, inc. was initially approved for PPP Loan of amount $27,637, the current approved amount is $27,637. The loan was approved on 04/28/2020 by The New Peoples Bank, Inc. reported 5 jobs and $27,637 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

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MGA ENTERPRISES, INC.

Borrower Address

316 E LEE HWY

Borrower City

CHILHOWIE

Borrower State

VA

Borrower Zip

24319-4653

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27636.60

Current Approval Amount

27636.60

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

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27636.60

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

27971.31

Forgiveness Date

07/15/2021

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