PPP Loan information for Mgbl, llc

$67,400

Mgbl, llc was initially approved for PPP Loan of amount $67,400, the current approved amount is $67,400. The loan was approved on 04/06/2020 by The Ameris Bank reported 11 jobs and $67,400 was used to fund payroll.

Mgbl, llc is Existing or more than 2 years old

MGBL, LLC

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MGBL, LLC

Borrower Address

1650-B Baytree Road

Borrower City

VALDOSTA

Borrower State

GA

Borrower Zip

31602-3502

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67400.00

Current Approval Amount

67400.00

Undisbursed Amount

0.00

Franchise Name

SportClips

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALDOSTA

Project County Name

LOWNDES

Project State

GA

Project Zip

31602-3502

CD

GA-08

Jobs Reported

11

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6700.00

Payroll Proceed

54000.00

Mortgage Interest Proceed

0.00

Rent Proceed

6700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67826.56

Forgiveness Date

12/09/2020

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