PPP Loan information for Mgsinc

$206,884

Mgsinc was initially approved for PPP Loan of amount $206,884, the current approved amount is $206,884. The loan was approved on 03/24/2021 by The Capital Community Bank reported 13 jobs and $206,884 was used to fund payroll.

Mgsinc is Existing or more than 2 years old

MGSINC

Date Approved

03/24/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

MGSINC

Borrower Address

550 N Geneva Rd

Borrower City

Orem

Borrower State

UT

Borrower Zip

84057-3553

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

206884.07

Current Approval Amount

206884.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118477

Servicing Lender Name

Capital Community Bank

Servicing Lender Address

3280 N University Ave

Servicing Lender City

PROVO

Servicing Lender State

UT

Servicing Lender Zip

84604-4405

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orem

Project County Name

UTAH

Project State

UT

Project Zip

84057-3553

CD

UT-03

Jobs Reported

13

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

206882.07

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

118477

Originating Lender

Capital Community Bank

Originating Lender City

PROVO

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

207786.31

Forgiveness Date

09/07/2021

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