Date Approved
04/27/2020
SBA Office Code
0390
Processing Method
PPP
Borrower Name
M.G.C. INCORPORATED
Borrower Address
1660 BOLT ROAD
Borrower City
BOLT
Borrower State
WV
Borrower Zip
25817
Loan Status Date
06/19/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
175670.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
75534
Servicing Lender Name
Whitesville State Bank
Servicing Lender Address
38609 Coal River Rd
Servicing Lender City
WHITESVILLE
Servicing Lender State
Servicing Lender Zip
25209
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RALEIGH
Project State
Project Zip
25817-0101
CD
WV-01
Jobs Reported
9
NAICS Code
213113
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
177667.34
Forgiveness Date
06/25/2021