PPP Loan information for Mgm solutions corp

$406,855

Mgm solutions corp was initially approved for PPP Loan of amount $406,855, the current approved amount is $406,855. The loan was approved on 07/22/2020 by The Bank of America, National Association reported 18 jobs and $406,855 was used to fund payroll.

Mgm solutions corp is New Business or 2 years or less

MGM SOLUTIONS CORP

Date Approved

07/22/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MGM SOLUTIONS CORP

Borrower Address

8301 NW 107TH CT UNIT 1

Borrower City

DORAL

Borrower State

FL

Borrower Zip

33178-1552

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

406855.00

Current Approval Amount

406855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DORAL

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33178-1552

CD

FL-26

Jobs Reported

18

NAICS Code

561990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

406855.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

367025.38

Forgiveness Date

10/20/2022

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