PPP Loan information for Mgm auto group llc

$20,833

Mgm auto group llc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/11/2021 by The Customers Bank reported 1 jobs and $20,833 was used to fund payroll.

Mgm auto group llc is Existing or more than 2 years old

MGM AUTO GROUP LLC

Date Approved

04/11/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MGM AUTO GROUP LLC

Borrower Address

3604 62nd Ave N/A

Borrower City

Meridian

Borrower State

MS

Borrower Zip

39307-2935

Loan Status Date

10/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Meridian

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39307-2935

CD

MS-03

Jobs Reported

1

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20832.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21128.09

Forgiveness Date

09/15/2022

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