PPP Loan information for Mgd inc.

$1,393,000

Mgd inc. was initially approved for PPP Loan of amount $1,393,000, the current approved amount is $1,393,000. The loan was approved on 04/03/2020 by The Citizens Business Bank reported 134 jobs and $1,393,000 was used to fund payroll.

Mgd inc. is Existing or more than 2 years old

MGD INC.

Date Approved

04/03/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

MGD INC.

Borrower Address

3525 W BENJAMIN HOLT DR

Borrower City

STOCKTON

Borrower State

CA

Borrower Zip

95219-3401

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1393000.00

Current Approval Amount

1393000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5095

Servicing Lender Name

Citizens Business Bank

Servicing Lender Address

701 N Haven Ave

Servicing Lender City

ONTARIO

Servicing Lender State

CA

Servicing Lender Zip

91764-4925

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STOCKTON

Project County Name

SAN JOAQUIN

Project State

CA

Project Zip

95219-3401

CD

CA-09

Jobs Reported

134

NAICS Code

531311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1393000.00

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

5095

Originating Lender

Citizens Business Bank

Originating Lender City

ONTARIO

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1409448.85

Forgiveness Date

06/15/2021

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