PPP Loan information for Mgm cafe llc

$18,418

Mgm cafe llc was initially approved for PPP Loan of amount $18,268, the current approved amount is $18,418. The loan was approved on 04/30/2020 by The Truist Bank reported 4 jobs and $18,418 was used to fund payroll.

Mgm cafe llc is New Business or 2 years or less

MGM CAFE LLC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MGM CAFE LLC

Borrower Address

326 S BICKETT BLVD.

Borrower City

LOUISBURG

Borrower State

NC

Borrower Zip

27549

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18268.10

Current Approval Amount

18418.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LOUISBURG

Project County Name

FRANKLIN

Project State

NC

Project Zip

27549-0001

CD

NC-01

Jobs Reported

4

NAICS Code

561439

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18418.10

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18583.86

Forgiveness Date

04/01/2021

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