PPP Loan information for Mgm electrical, llc.

$21,587

Mgm electrical, llc. was initially approved for PPP Loan of amount $21,587, the current approved amount is $21,587. The loan was approved on 04/10/2020 by The Community Bank & Trust-West Georgia reported 3 jobs and $21,587 was used to fund payroll.

Mgm electrical, llc. is New Business or 2 years or less

MGM ELECTRICAL, LLC.

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MGM ELECTRICAL, LLC.

Borrower Address

195 Neely Road

Borrower City

LaGrange

Borrower State

GA

Borrower Zip

30240

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21587.00

Current Approval Amount

21587.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19515

Servicing Lender Name

Community Bank & Trust-West Georgia

Servicing Lender Address

201 Broad St

Servicing Lender City

LAGRANGE

Servicing Lender State

GA

Servicing Lender Zip

30240-2705

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LaGrange

Project County Name

TROUP

Project State

GA

Project Zip

30240-0001

CD

GA-03

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21587.00

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

19515

Originating Lender

Community Bank & Trust-West Georgia

Originating Lender City

LAGRANGE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

21747.70

Forgiveness Date

01/14/2021

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