PPP Loan information for M.g.c. incorporated

$175,670

M.g.c. incorporated was initially approved for PPP Loan of amount $175,670, the current approved amount is $175,670. The loan was approved on 04/27/2020 by The Whitesville State Bank reported 9 jobs and $175,670 was used to fund payroll.

M.g.c. incorporated is Existing or more than 2 years old

M.G.C. INCORPORATED

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

175670.00

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

WV

Servicing Lender Zip

25209

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOLT

Project County Name

RALEIGH

Project State

WV

Project Zip

25817-0101

CD

WV-01

Jobs Reported

9

NAICS Code

213113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175670.00

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

75534

Originating Lender

Whitesville State Bank

Originating Lender City

WHITESVILLE

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

177667.34

Forgiveness Date

06/25/2021

;