PPP Loan information for Mgl tool & mfg inc

$7,475

Mgl tool & mfg inc was initially approved for PPP Loan of amount $7,475, the current approved amount is $7,475. The loan was approved on 04/29/2020 by The U.S. Bank, National Association reported 2 jobs and $7,475 was used to fund payroll.

Mgl tool & mfg inc is Existing or more than 2 years old

PPP Loan Search / IN / RICHMOND / Mgl tool & mfg inc

MGL TOOL & MFG INC

Date Approved

04/29/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MGL TOOL & MFG INC

Borrower Address

17 RICHMOND AVE

Borrower City

RICHMOND

Borrower State

IN

Borrower Zip

47374

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7475.00

Current Approval Amount

7475.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

WAYNE

Project State

IN

Project Zip

47374-0001

CD

IN-06

Jobs Reported

2

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7475.00

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

Subchapter S 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

7548.71

Forgiveness Date

04/22/2021

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