PPP Loan information for Mgd quiptech inc

$225,000

Mgd quiptech inc was initially approved for PPP Loan of amount $225,000, the current approved amount is $225,000. The loan was approved on 04/11/2020 by The Fulton Bank, National Association reported 15 jobs and $225,000 was used to fund payroll.

Mgd quiptech inc is Existing or more than 2 years old

PPP Loan Search / PA / Lebanon / Mgd quiptech inc

MGD QUIPTECH INC

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MGD QUIPTECH INC

Borrower Address

2453 East Cumberland ST

Borrower City

Lebanon

Borrower State

PA

Borrower Zip

17042-9214

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

225000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lebanon

Project County Name

LEBANON

Project State

PA

Project Zip

17042-9214

CD

PA-09

Jobs Reported

15

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

56250.00

Payroll Proceed

168750.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

226843.75

Forgiveness Date

02/17/2021

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