PPP Loan information for Mj foods inc

$130,000

Mj foods inc was initially approved for PPP Loan of amount $130,000, the current approved amount is $130,000. The loan was approved on 01/29/2021 by The Legacy Bank reported 25 jobs and $130,000 was used to fund payroll.

Mj foods inc is Existing or more than 2 years old

MJ FOODS INC

Date Approved

01/29/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MJ FOODS INC

Borrower Address

1720 Old York Rd

Borrower City

Abington

Borrower State

PA

Borrower Zip

19001-1023

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130000.00

Current Approval Amount

130000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Abington

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19001-1023

CD

PA-04

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

129997.00

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

Subchapter S Corporation

Originating Lender Location Id

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131155.56

Forgiveness Date

12/28/2021

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