PPP Loan information for Mgm machining, inc.

$68,800

Mgm machining, inc. was initially approved for PPP Loan of amount $68,800, the current approved amount is $68,800. The loan was approved on 04/30/2020 by The Regions Bank reported 10 jobs and $68,800 was used to fund payroll.

Mgm machining, inc. is Existing or more than 2 years old

PPP Loan Search / AL / Helena / Mgm machining, inc.

MGM MACHINING, INC.

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MGM MACHINING, INC.

Borrower Address

117 Hicks Dr

Borrower City

Helena

Borrower State

AL

Borrower Zip

35080

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68800.00

Current Approval Amount

68800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Helena

Project County Name

SHELBY

Project State

AL

Project Zip

35080-0001

CD

AL-06

Jobs Reported

10

NAICS Code

221122

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68800.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69152.48

Forgiveness Date

11/12/2020

;