PPP Loan information for Mgroup holdings, inc

$186,130

Mgroup holdings, inc was initially approved for PPP Loan of amount $186,130, the current approved amount is $186,130. The loan was approved on 04/10/2020 by The Johnson Bank reported 13 jobs and $186,130 was used to fund payroll.

Mgroup holdings, inc is Existing or more than 2 years old

MGROUP HOLDINGS, INC

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MGROUP HOLDINGS, INC

Borrower Address

13890 BISHOPS DR #205

Borrower City

BROOKFIELD

Borrower State

WI

Borrower Zip

53005-6603

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186130.00

Current Approval Amount

186130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKFIELD

Project County Name

WAUKESHA

Project State

WI

Project Zip

53005-6603

CD

WI-05

Jobs Reported

13

NAICS Code

531312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

139597.50

Mortgage Interest Proceed

0.00

Rent Proceed

46532.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

187460.96

Forgiveness Date

01/07/2021

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