PPP Loan information for Mgp inc

$549,914

Mgp inc was initially approved for PPP Loan of amount $549,914, the current approved amount is $549,914. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 33 jobs and $549,914 was used to fund payroll.

Mgp inc is Existing or more than 2 years old

MGP INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MGP INC

Borrower Address

701 Lee Street Suite 1020

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60016-4500

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

549914.00

Current Approval Amount

549914.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60016-4500

CD

IL-08

Jobs Reported

33

NAICS Code

541370

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

460.00

Payroll Proceed

504977.00

Mortgage Interest Proceed

0.00

Rent Proceed

8725.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35752.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

553461.86

Forgiveness Date

12/04/2020

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