PPP Loan information for Mgc, llc

$22,500

Mgc, llc was initially approved for PPP Loan of amount $22,500, the current approved amount is $22,500. The loan was approved on 04/09/2020 by The The First Bank and Trust Company reported 6 jobs and $22,500 was used to fund payroll.

Mgc, llc is Existing or more than 2 years old

MGC, LLC

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MGC, LLC

Borrower Address

2203 MCKINLEY RD Ste.143

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37604-5179

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22500.00

Current Approval Amount

22500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOHNSON CITY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37604-5179

CD

TN-01

Jobs Reported

6

NAICS Code

531110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22650.62

Forgiveness Date

12/16/2020

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