PPP Loan information for Mgb wellness inc.

$171,800

Mgb wellness inc. was initially approved for PPP Loan of amount $171,800, the current approved amount is $171,800. The loan was approved on 01/21/2021 by The American Community Bank & Trust reported 29 jobs and $171,800 was used to fund payroll.

Mgb wellness inc. is Existing or more than 2 years old

PPP Loan Search / IL / Wheaton / Mgb wellness inc.

MGB WELLNESS INC.

Date Approved

01/21/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MGB WELLNESS INC.

Borrower Address

1305 Foothill Dr

Borrower City

Wheaton

Borrower State

IL

Borrower Zip

60189-7338

Loan Status Date

06/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

171800.00

Current Approval Amount

171800.00

Undisbursed Amount

0.00

Franchise Name

Elements Massage

Servicing Lender Location Id

124396

Servicing Lender Name

American Community Bank & Trust

Servicing Lender Address

1290 Lake Ave

Servicing Lender City

WOODSTOCK

Servicing Lender State

IL

Servicing Lender Zip

60098-7415

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wheaton

Project County Name

DUPAGE

Project State

IL

Project Zip

60189-7338

CD

IL-03

Jobs Reported

29

NAICS Code

621399

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

171797.00

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 Partnership

Originating Lender Location Id

124396

Originating Lender

American Community Bank & Trust

Originating Lender City

WOODSTOCK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174090.67

Forgiveness Date

05/25/2022

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