PPP Loan information for Mgd inc

$298,551

Mgd inc was initially approved for PPP Loan of amount $298,551, the current approved amount is $298,551. The loan was approved on 04/13/2020 by The Rockland Trust Company reported 24 jobs and $298,551 was used to fund payroll.

Mgd inc is Existing or more than 2 years old

MGD INC

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MGD INC

Borrower Address

0 Park Drive

Borrower City

Burlington

Borrower State

MA

Borrower Zip

01803-1000

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298550.72

Current Approval Amount

298550.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-1000

CD

MA-06

Jobs Reported

24

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

298550.72

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

Subchapter S Corporation

Originating Lender Location Id

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

301851.36

Forgiveness Date

05/27/2021

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