PPP Loan information for Mgl inc

$25,012

Mgl inc was initially approved for PPP Loan of amount $25,012, the current approved amount is $25,012. The loan was approved on 02/10/2021 by The U.S. Bank, National Association reported 7 jobs and $25,012 was used to fund payroll.

Mgl inc is Existing or more than 2 years old

PPP Loan Search / OH / Shaker Hts / Mgl inc

MGL INC

Date Approved

02/10/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MGL INC

Borrower Address

3520 Daleford Rd

Borrower City

Shaker Hts

Borrower State

OH

Borrower Zip

44120-5231

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25012.00

Current Approval Amount

25012.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shaker Hts

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44120-5231

CD

OH-11

Jobs Reported

7

NAICS Code

812990

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

25009.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25205.15

Forgiveness Date

11/17/2021

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