PPP Loan information for Mgb systems, inc.

$132,062

Mgb systems, inc. was initially approved for PPP Loan of amount $111,170, the current approved amount is $132,062. The loan was approved on 04/05/2020 by The Justine Petersen Housing & Reinvestment Corporation reported 10 jobs and $132,062 was used to fund payroll.

Mgb systems, inc. is Existing or more than 2 years old

PPP Loan Search / MO / FENTON / Mgb systems, inc.

MGB SYSTEMS, INC.

Date Approved

04/05/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MGB SYSTEMS, INC.

Borrower Address

RUDDER RD

Borrower City

FENTON

Borrower State

MO

Borrower Zip

63026-2005

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111170.00

Current Approval Amount

132062.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224496

Servicing Lender Name

Justine Petersen Housing & Reinvestment Corporation

Servicing Lender Address

1023 N. Grand Blvd

Servicing Lender City

St. Louis

Servicing Lender State

MO

Servicing Lender Zip

63106-1641

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FENTON

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63026-2005

CD

MO-02

Jobs Reported

10

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16226.42

Payroll Proceed

109727.08

Mortgage Interest Proceed

0.00

Rent Proceed

6108.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

224496

Originating Lender

Justine Petersen Housing & Reinvestment Corporation

Originating Lender City

St. Louis

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122898.04

Forgiveness Date

01/05/2021

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