PPP Loan information for Mogastone inc

$183,750

Mogastone inc was initially approved for PPP Loan of amount $183,750, the current approved amount is $183,750. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $183,750 was used to fund payroll.

Mogastone inc is New Business or 2 years or less

MOGASTONE INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOGASTONE INC

Borrower Address

7979 CHAPEL HILL RD

Borrower City

CARY

Borrower State

NC

Borrower Zip

27513-4166

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183750.00

Current Approval Amount

183750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CARY

Project County Name

WAKE

Project State

NC

Project Zip

27513-4166

CD

NC-02

Jobs Reported

11

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

183750.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

185396.20

Forgiveness Date

03/31/2021

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