PPP Loan information for Mmgc acquisition llc

$674,835

Mmgc acquisition llc was initially approved for PPP Loan of amount $674,835, the current approved amount is $674,835. The loan was approved on 04/06/2020 by The Western Alliance Bank reported 49 jobs and $674,835 was used to fund payroll.

Mmgc acquisition llc is Existing or more than 2 years old

MMGC ACQUISITION LLC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MMGC ACQUISITION LLC

Borrower Address

877 N LARCH AVE

Borrower City

ELMHURST

Borrower State

IL

Borrower Zip

60126-1114

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

674835.00

Current Approval Amount

674835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELMHURST

Project County Name

DUPAGE

Project State

IL

Project Zip

60126-1114

CD

IL-06

Jobs Reported

49

NAICS Code

333515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

609309.00

Mortgage Interest Proceed

13000.00

Rent Proceed

37526.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

680067.19

Forgiveness Date

01/20/2021

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