PPP Loan information for Mgm inc.

$47,098

Mgm inc. was initially approved for PPP Loan of amount $47,098, the current approved amount is $47,098. The loan was approved on 01/21/2021 by The Loan Source Incorporated reported 7 jobs and $47,098 was used to fund payroll.

Mgm inc. is Existing or more than 2 years old

MGM INC.

Date Approved

01/21/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MGM INC.

Borrower Address

19440 N Highway 25

Borrower City

Louisville

Borrower State

MS

Borrower Zip

39339-7002

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47097.50

Current Approval Amount

47097.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Louisville

Project County Name

WINSTON

Project State

MS

Project Zip

39339-7002

CD

MS-01

Jobs Reported

7

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47095.50

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47632.99

Forgiveness Date

03/24/2022

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