PPP Loan information for Mgm machining inc.

$73,960

Mgm machining inc. was initially approved for PPP Loan of amount $73,960, the current approved amount is $73,960. The loan was approved on 03/23/2021 by The Regions Bank reported 10 jobs and $73,960 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

03/23/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MGM MACHINING INC.

Borrower Address

117 Hicks Dr

Borrower City

Helena

Borrower State

AL

Borrower Zip

35080-7813

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73960.00

Current Approval Amount

73960.00

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

35080-7813

CD

AL-06

Jobs Reported

10

NAICS Code

221122

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

73955.00

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

74442.26

Forgiveness Date

11/19/2021

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