PPP Loan information for Mgc inc

$57,500

Mgc inc was initially approved for PPP Loan of amount $57,500, the current approved amount is $57,500. The loan was approved on 04/14/2021 by The FirstBank Puerto Rico reported 2 jobs and $57,500 was used to fund payroll.

Mgc inc is Existing or more than 2 years old

PPP Loan Search / VI / Christiansted / Mgc inc

MGC INC

Date Approved

04/14/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

MGC INC

Borrower Address

6077 Castle Coakley

Borrower City

Christiansted

Borrower State

VI

Borrower Zip

00820-5200

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57500.00

Current Approval Amount

57500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119497

Servicing Lender Name

FirstBank Puerto Rico

Servicing Lender Address

1519 Ave Ponce de Le<ac,o>n

Servicing Lender City

SANTURCE

Servicing Lender State

PR

Servicing Lender Zip

00909-1732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Christiansted

Project County Name

SAINT CROIX

Project State

VI

Project Zip

00820-5200

CD

VI-

Jobs Reported

2

NAICS Code

561621

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

57499.00

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

119497

Originating Lender

FirstBank Puerto Rico

Originating Lender City

SANTURCE

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57953.61

Forgiveness Date

01/26/2022

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