PPP Loan information for Mgbc, llc

$90,300

Mgbc, llc was initially approved for PPP Loan of amount $102,900, the current approved amount is $90,300. The loan was approved on 04/09/2020 by The Busey Bank reported 20 jobs and $90,300 was used to fund payroll.

Mgbc, llc is Unanswered

MGBC, LLC

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MGBC, LLC

Borrower Address

1047 East Hwy N

Borrower City

WENTZVILLE

Borrower State

MO

Borrower Zip

63385

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102900.00

Current Approval Amount

90300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

WENTZVILLE

Project County Name

SAINT CHARLES

Project State

MO

Project Zip

63385-0001

CD

MO-03

Jobs Reported

20

NAICS Code

611620

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

67725.00

Mortgage Interest Proceed

0.00

Rent Proceed

22575.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90980.34

Forgiveness Date

01/19/2021

;