PPP Loan information for Mgw precision inc

$220,100

Mgw precision inc was initially approved for PPP Loan of amount $220,100, the current approved amount is $220,100. The loan was approved on 04/09/2020 by The Truist Bank reported 16 jobs and $220,100 was used to fund payroll.

Mgw precision inc is Existing or more than 2 years old

PPP Loan Search / GA / AUGUSTA / Mgw precision inc

MGW PRECISION INC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MGW PRECISION INC

Borrower Address

4159 MIKE PADGETT HWY

Borrower City

AUGUSTA

Borrower State

GA

Borrower Zip

30906-9780

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220100.00

Current Approval Amount

220100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUGUSTA

Project County Name

RICHMOND

Project State

GA

Project Zip

30906-9780

CD

GA-12

Jobs Reported

16

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

220100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

221347.23

Forgiveness Date

11/12/2020

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