PPP Loan information for Mgd technologies inc.

$86,000

Mgd technologies inc. was initially approved for PPP Loan of amount $86,000, the current approved amount is $86,000. The loan was approved on 01/22/2021 by The Eastern Michigan Bank reported 7 jobs and $86,000 was used to fund payroll.

Mgd technologies inc. is Existing or more than 2 years old

PPP Loan Search / MI / Kimball / Mgd technologies inc.

MGD TECHNOLOGIES INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MGD TECHNOLOGIES INC.

Borrower Address

71 Ash Dr

Borrower City

Kimball

Borrower State

MI

Borrower Zip

48074-4401

Loan Status Date

05/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86000.00

Current Approval Amount

86000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kimball

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48074-4401

CD

MI-09

Jobs Reported

7

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

85998.00

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

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87057.92

Forgiveness Date

04/27/2022

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