PPP Loan information for Mgw telephone company, inc.

$188,500

Mgw telephone company, inc. was initially approved for PPP Loan of amount $188,500, the current approved amount is $188,500. The loan was approved on 04/04/2020 by The The First Bank and Trust Company reported 16 jobs and $188,500 was used to fund payroll.

Mgw telephone company, inc. is Existing or more than 2 years old

PPP Loan Search / VA / STAUNTON / Mgw telephone company, inc.

MGW TELEPHONE COMPANY, INC.

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MGW TELEPHONE COMPANY, INC.

Borrower Address

27 North CENTRAL AVE

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401-4212

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188500.00

Current Approval Amount

188500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401-4212

CD

VA-06

Jobs Reported

16

NAICS Code

517410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

188500.00

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

190385.00

Forgiveness Date

04/14/2021

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