PPP Loan information for Mgn tool & manufacturing co., inc.

$150,278

Mgn tool & manufacturing co., inc. was initially approved for PPP Loan of amount $150,278, the current approved amount is $150,278. The loan was approved on 04/15/2020 by The Grand Ridge National Bank reported 10 jobs and $150,278 was used to fund payroll.

Mgn tool & manufacturing co., inc. is Existing or more than 2 years old

PPP Loan Search / IL / Carol Stream / Mgn tool & manufacturing co., inc.

MGN TOOL & MANUFACTURING CO., INC.

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MGN TOOL & MANUFACTURING CO., INC.

Borrower Address

373 Randy Rd

Borrower City

Carol Stream

Borrower State

IL

Borrower Zip

60188-1802

Loan Status Date

07/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150277.50

Current Approval Amount

150277.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21460

Servicing Lender Name

Grand Ridge National Bank

Servicing Lender Address

105 W Main St

Servicing Lender City

GRAND RIDGE

Servicing Lender State

IL

Servicing Lender Zip

61325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carol Stream

Project County Name

DUPAGE

Project State

IL

Project Zip

60188-1802

CD

IL-08

Jobs Reported

10

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

150277.50

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

21460

Originating Lender

Grand Ridge National Bank

Originating Lender City

GRAND RIDGE

Originating Lender State

IL

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152072.48

Forgiveness Date

07/06/2021

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