PPP Loan information for Mga family groupinc

$169,963

Mga family groupinc was initially approved for PPP Loan of amount $169,963, the current approved amount is $169,963. The loan was approved on 02/24/2021 by The German American Bank reported 24 jobs and $169,963 was used to fund payroll.

Mga family groupinc is Existing or more than 2 years old

MGA FAMILY GROUPINC

Date Approved

02/24/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MGA FAMILY GROUPINC

Borrower Address

355 3rd Ave

Borrower City

Jasper

Borrower State

IN

Borrower Zip

47546-3429

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

169963.29

Current Approval Amount

169963.29

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jasper

Project County Name

DUBOIS

Project State

IN

Project Zip

47546-3429

CD

IN-08

Jobs Reported

24

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

169958.29

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

170885.28

Forgiveness Date

09/17/2021

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