PPP Loan information for Mgag, llc

$125,755

Mgag, llc was initially approved for PPP Loan of amount $125,755, the current approved amount is $125,755. The loan was approved on 01/30/2021 by The Atlantic Union Bank reported 94 jobs and $125,755 was used to fund payroll.

Mgag, llc is Existing or more than 2 years old

MGAG, LLC

Date Approved

01/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MGAG, LLC

Borrower Address

801 North Battlefield Boulevard 801 North Battlefield Boulevard

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23320

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125755.00

Current Approval Amount

125755.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320

CD

VA-02

Jobs Reported

94

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

125755.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127215.16

Forgiveness Date

03/31/2022

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