PPP Loan information for Mgm plumbing, heating and a.c

$62,000

Mgm plumbing, heating and a.c was initially approved for PPP Loan of amount $49,000, the current approved amount is $62,000. The loan was approved on 04/07/2020 by The Citizens Bank reported 8 jobs and $62,000 was used to fund payroll.

Mgm plumbing, heating and a.c is Existing or more than 2 years old

MGM PLUMBING, HEATING AND A.C

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MGM PLUMBING, HEATING AND A.C

Borrower Address

617 E MAIN ST

Borrower City

SAC CITY

Borrower State

IA

Borrower Zip

50583-1421

Loan Status Date

02/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49000.00

Current Approval Amount

62000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25432

Servicing Lender Name

Citizens Bank

Servicing Lender Address

500 W Main St

Servicing Lender City

SAC CITY

Servicing Lender State

IA

Servicing Lender Zip

50583-1727

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAC CITY

Project County Name

SAC

Project State

IA

Project Zip

50583-1421

CD

IA-04

Jobs Reported

8

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62000.00

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

Subchapter S Corporation

Originating Lender Location Id

25432

Originating Lender

Citizens Bank

Originating Lender City

SAC CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62301.39

Forgiveness Date

10/13/2020

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