PPP Loan information for Mgg concepts inc

$100,000

Mgg concepts inc was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 05/28/2020 by The Fulton Bank, National Association reported 7 jobs and $100,000 was used to fund payroll.

Mgg concepts inc is Existing or more than 2 years old

MGG CONCEPTS INC

Date Approved

05/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MGG CONCEPTS INC

Borrower Address

9 Emerson Lane

Borrower City

Sewell

Borrower State

NJ

Borrower Zip

08080-3323

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

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

Sewell

Project County Name

GLOUCESTER

Project State

NJ

Project Zip

08080-3323

CD

NJ-01

Jobs Reported

7

NAICS Code

485999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100000.00

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

100597.22

Forgiveness Date

12/31/2020

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