PPP Loan information for Mgb engineering company

$131,305

Mgb engineering company was initially approved for PPP Loan of amount $131,305, the current approved amount is $131,305. The loan was approved on 04/09/2020 by The First American Bank reported 9 jobs and $131,305 was used to fund payroll.

Mgb engineering company is Existing or more than 2 years old

PPP Loan Search / IL / ELK GROVE VILLAGE / Mgb engineering company

MGB ENGINEERING COMPANY

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MGB ENGINEERING COMPANY

Borrower Address

1099 Touhy Avenue

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-4921

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131305.00

Current Approval Amount

131305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21238

Servicing Lender Name

First American Bank

Servicing Lender Address

700 Busse Rd

Servicing Lender City

ELK GROVE VILLAGE

Servicing Lender State

IL

Servicing Lender Zip

60007-2137

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-4921

CD

IL-03

Jobs Reported

9

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131305.00

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

21238

Originating Lender

First American Bank

Originating Lender City

ELK GROVE VILLAGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132566.99

Forgiveness Date

03/26/2021

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