PPP Loan information for Mgt inc

$80,112

Mgt inc was initially approved for PPP Loan of amount $80,112, the current approved amount is $80,112. The loan was approved on 04/14/2020 by The First State Bank of DeKalb County reported 14 jobs and $80,112 was used to fund payroll.

Mgt inc is Existing or more than 2 years old

PPP Loan Search / AL / HENAGAR / Mgt inc

MGT INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MGT INC

Borrower Address

1555 COUNTY ROAD 125

Borrower City

HENAGAR

Borrower State

AL

Borrower Zip

35978-6948

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80111.87

Current Approval Amount

80111.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1980

Servicing Lender Name

First State Bank of DeKalb County

Servicing Lender Address

500 Gault Ave S

Servicing Lender City

FORT PAYNE

Servicing Lender State

AL

Servicing Lender Zip

35967-1708

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HENAGAR

Project County Name

JACKSON

Project State

AL

Project Zip

35978-6948

CD

AL-05

Jobs Reported

14

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20027.96

Payroll Proceed

60083.91

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

1980

Originating Lender

First State Bank of DeKalb County

Originating Lender City

FORT PAYNE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80659.30

Forgiveness Date

12/17/2020

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