PPP Loan information for Mgl tool & mfg. inc.

$6,272

Mgl tool & mfg. inc. was initially approved for PPP Loan of amount $6,272, the current approved amount is $6,272. The loan was approved on 04/29/2021 by The U.S. Bank, National Association reported 1 jobs and $6,272 was used to fund payroll.

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

MGL TOOL & MFG. INC.

Date Approved

04/29/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

MGL TOOL & MFG. INC.

Borrower Address

17 Richmond Ave

Borrower City

Richmond

Borrower State

IN

Borrower Zip

47374-2978

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6272.00

Current Approval Amount

6272.00

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

47374-2978

CD

IN-06

Jobs Reported

1

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

6270.00

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

6327.75

Forgiveness Date

03/17/2022

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