PPP Loan information for Mgs investments corp

$36,200

Mgs investments corp was initially approved for PPP Loan of amount $39,800, the current approved amount is $36,200. The loan was approved on 04/09/2020 by The Community State Bank reported 13 jobs and $36,200 was used to fund payroll.

Mgs investments corp is Existing or more than 2 years old

MGS INVESTMENTS CORP

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MGS INVESTMENTS CORP

Borrower Address

108 S ORANGE ST

Borrower City

ALBION

Borrower State

IN

Borrower Zip

46701-1127

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39800.00

Current Approval Amount

36200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22924

Servicing Lender Name

Community State Bank

Servicing Lender Address

802 E Albion St

Servicing Lender City

AVILLA

Servicing Lender State

IN

Servicing Lender Zip

46710-9691

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBION

Project County Name

NOBLE

Project State

IN

Project Zip

46701-1127

CD

IN-03

Jobs Reported

13

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36200.00

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

Corporation

Originating Lender Location Id

22924

Originating Lender

Community State Bank

Originating Lender City

AVILLA

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36478.54

Forgiveness Date

01/20/2021

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