PPP Loan information for Mgs sales inc

$42,304

Mgs sales inc was initially approved for PPP Loan of amount $42,304, the current approved amount is $42,304. The loan was approved on 03/13/2021 by The Customers Bank reported 4 jobs and $42,304 was used to fund payroll.

Mgs sales inc is Existing or more than 2 years old

PPP Loan Search / NC / Candler / Mgs sales inc

MGS SALES INC

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MGS SALES INC

Borrower Address

1449 Smoky Park Hwy

Borrower City

Candler

Borrower State

NC

Borrower Zip

28715-8237

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42304.00

Current Approval Amount

42304.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Candler

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28715-8237

CD

NC-11

Jobs Reported

4

NAICS Code

423990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

42302.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42560.14

Forgiveness Date

10/25/2021

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