PPP Loan information for Mgc ventures, llc

$117,677

Mgc ventures, llc was initially approved for PPP Loan of amount $117,677, the current approved amount is $117,677. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 20 jobs and $117,677 was used to fund payroll.

Mgc ventures, llc is Existing or more than 2 years old

MGC VENTURES, LLC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MGC VENTURES, LLC

Borrower Address

6708 Wisconsin Avenue Unit 301

Borrower City

Chevy Chase

Borrower State

MD

Borrower Zip

20815

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117677.00

Current Approval Amount

117677.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chevy Chase

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20815-2800

CD

MD-08

Jobs Reported

20

NAICS Code

713940

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1770.00

Payroll Proceed

70041.00

Mortgage Interest Proceed

0.00

Rent Proceed

18196.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24012.00

Debt Interest Proceed

3658

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

118418.53

Forgiveness Date

12/09/2020

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