PPP Loan information for Mgt industries inc.

$1,321,162

Mgt industries inc. was initially approved for PPP Loan of amount $1,321,162, the current approved amount is $1,321,162. The loan was approved on 03/24/2021 by The U.S. Bank, National Association reported 90 jobs and $1,321,162 was used to fund payroll.

Mgt industries inc. is Existing or more than 2 years old

PPP Loan Search / CA / Los Angeles / Mgt industries inc.

MGT INDUSTRIES INC.

Date Approved

03/24/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MGT INDUSTRIES INC.

Borrower Address

13889 S Figueroa St

Borrower City

Los Angeles

Borrower State

CA

Borrower Zip

90061-1025

Loan Status Date

07/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1321162.00

Current Approval Amount

1321162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Los Angeles

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90061-1025

CD

CA-43

Jobs Reported

90

NAICS Code

315240

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1321162.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1337160.73

Forgiveness Date

06/13/2022

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