PPP Loan information for Mgm industries inc. dba rainbow international of brighton or

Date Approved

02/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MGM INDUSTRIES INC. DBA RAINBOW INTERNATIONAL OF BRIGHTON OR

Borrower Address

6650 Highland Rd Ste 310

Borrower City

Waterford

Borrower State

MI

Borrower Zip

48327-1609

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148490.00

Current Approval Amount

148490.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waterford

Project County Name

OAKLAND

Project State

MI

Project Zip

48327-1609

CD

MI-11

Jobs Reported

19

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

148488.00

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

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

149443.97

Forgiveness Date

10/20/2021