PPP Loan information for Mgc properties llc

$87,696

Mgc properties llc was initially approved for PPP Loan of amount $87,696, the current approved amount is $87,696. The loan was approved on 02/26/2021 by The OceanFirst Bank, National Association reported 15 jobs and $87,696 was used to fund payroll.

Mgc properties llc is Existing or more than 2 years old

PPP Loan Search / NJ / Wildwood / Mgc properties llc

MGC PROPERTIES LLC

Date Approved

02/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MGC PROPERTIES LLC

Borrower Address

3300 Atlantic Ave

Borrower City

Wildwood

Borrower State

NJ

Borrower Zip

08260-4802

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87696.00

Current Approval Amount

87696.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79203

Servicing Lender Name

OceanFirst Bank, National Association

Servicing Lender Address

975 Hooper Ave

Servicing Lender City

TOMS RIVER

Servicing Lender State

NJ

Servicing Lender Zip

08753-8320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wildwood

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08260-4802

CD

NJ-02

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

87691.00

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

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88361.03

Forgiveness Date

12/09/2021

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