PPP Loan information for Mgs enterprises, ltd

$549,355

Mgs enterprises, ltd was initially approved for PPP Loan of amount $549,355, the current approved amount is $549,355. The loan was approved on 04/06/2020 by The First Secure Community Bank reported 28 jobs and $549,355 was used to fund payroll.

Mgs enterprises, ltd is Existing or more than 2 years old

PPP Loan Search / IL / CAROL STREAM / Mgs enterprises, ltd

MGS ENTERPRISES, LTD

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MGS ENTERPRISES, LTD

Borrower Address

370 S Main Place

Borrower City

CAROL STREAM

Borrower State

IL

Borrower Zip

60188-2448

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

549355.00

Current Approval Amount

549355.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124397

Servicing Lender Name

First Secure Community Bank

Servicing Lender Address

670 N Sugar Grove Pkwy Rte 47

Servicing Lender City

Sugar Grove

Servicing Lender State

IL

Servicing Lender Zip

60554

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

60188-2448

CD

IL-08

Jobs Reported

28

NAICS Code

541350

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

549355.00

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

Subchapter S Corporation

Originating Lender Location Id

124397

Originating Lender

First Secure Community Bank

Originating Lender City

Sugar Grove

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

553429.38

Forgiveness Date

01/11/2021

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