PPP Loan information for Mgs express, inc.

$176,700

Mgs express, inc. was initially approved for PPP Loan of amount $176,700, the current approved amount is $176,700. The loan was approved on 04/14/2020 by The First Secure Bank and Trust Co. reported 47 jobs and $176,700 was used to fund payroll.

Mgs express, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / ROCKAWAY / Mgs express, inc.

MGS EXPRESS, INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MGS EXPRESS, INC.

Borrower Address

201 US HIGHWAY 46

Borrower City

ROCKAWAY

Borrower State

NJ

Borrower Zip

07866-3804

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176700.00

Current Approval Amount

176700.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

22269

Servicing Lender Name

First Secure Bank and Trust Co.

Servicing Lender Address

10360 S Roberts Rd

Servicing Lender City

PALOS HILLS

Servicing Lender State

IL

Servicing Lender Zip

60465-1930

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKAWAY

Project County Name

MORRIS

Project State

NJ

Project Zip

07866-3804

CD

NJ-11

Jobs Reported

47

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176700.00

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

22269

Originating Lender

First Secure Bank and Trust Co.

Originating Lender City

PALOS HILLS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178079.71

Forgiveness Date

02/02/2021

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