PPP Loan information for Mgh auto llc

$289,900

Mgh auto llc was initially approved for PPP Loan of amount $289,900, the current approved amount is $289,900. The loan was approved on 04/06/2020 by The Commercial Bank reported 22 jobs and $289,900 was used to fund payroll.

Mgh auto llc is Existing or more than 2 years old

MGH AUTO LLC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MGH AUTO LLC

Borrower Address

2280 W MONROE RD

Borrower City

ALMA

Borrower State

MI

Borrower Zip

48801-9762

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289900.00

Current Approval Amount

289900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALMA

Project County Name

GRATIOT

Project State

MI

Project Zip

48801-9762

CD

MI-02

Jobs Reported

22

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5159.00

Payroll Proceed

224969.00

Mortgage Interest Proceed

0.00

Rent Proceed

34000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25772.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

292552.78

Forgiveness Date

03/10/2021

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