PPP Loan information for Mgs, inc.

$90,900

Mgs, inc. was initially approved for PPP Loan of amount $90,900, the current approved amount is $90,900. The loan was approved on 04/08/2020 by The Shore United Bank, National Association reported 10 jobs and $90,900 was used to fund payroll.

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

MGS, INC.

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MGS, INC.

Borrower Address

1866 REISTERSTOWN RD

Borrower City

PIKESVILLE

Borrower State

MD

Borrower Zip

21208-1335

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90900.00

Current Approval Amount

90900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIKESVILLE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21208-1335

CD

MD-02

Jobs Reported

10

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90900.00

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

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91736.78

Forgiveness Date

03/22/2021

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