PPP Loan information for Mgsolutions, inc

$60,415

Mgsolutions, inc was initially approved for PPP Loan of amount $60,415, the current approved amount is $60,415. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 3 jobs and $60,415 was used to fund payroll.

Mgsolutions, inc is Existing or more than 2 years old

MGSOLUTIONS, INC

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MGSOLUTIONS, INC

Borrower Address

451 North York Road 0.0

Borrower City

Elmhurst

Borrower State

IL

Borrower Zip

60126-2003

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60415.00

Current Approval Amount

60415.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elmhurst

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-2003

CD

IL-06

Jobs Reported

3

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

53665.00

Mortgage Interest Proceed

0.00

Rent Proceed

3750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60998.84

Forgiveness Date

04/06/2021

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