PPP Loan information for Mgpan, inc.

$63,800

Mgpan, inc. was initially approved for PPP Loan of amount $63,800, the current approved amount is $63,800. The loan was approved on 04/04/2020 by The First National Bank & Trust Co reported 25 jobs and $63,800 was used to fund payroll.

Mgpan, inc. is New Business or 2 years or less

MGPAN, INC.

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MGPAN, INC.

Borrower Address

1565 N Stephenson Ave

Borrower City

IRON MOUNTAIN

Borrower State

MI

Borrower Zip

49801-1401

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63800.00

Current Approval Amount

63800.00

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

35372

Servicing Lender Name

First National Bank & Trust Co

Servicing Lender Address

233 S Stephenson Ave

Servicing Lender City

IRON MOUNTAIN

Servicing Lender State

MI

Servicing Lender Zip

49801-2921

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

IRON MOUNTAIN

Project County Name

DICKINSON

Project State

MI

Project Zip

49801-1401

CD

MI-01

Jobs Reported

25

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1800.00

Payroll Proceed

52000.00

Mortgage Interest Proceed

10000.00

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

35372

Originating Lender

First National Bank & Trust Co

Originating Lender City

IRON MOUNTAIN

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54150.81

Forgiveness Date

12/09/2020

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