PPP Loan information for Mrg, inc.

$328,700

Mrg, inc. was initially approved for PPP Loan of amount $328,000, the current approved amount is $328,700. The loan was approved on 04/07/2020 by The BankGloucester reported 31 jobs and $328,700 was used to fund payroll.

Mrg, inc. is Existing or more than 2 years old

PPP Loan Search / MA / ESSEX / Mrg, inc.

MRG, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MRG, INC.

Borrower Address

234 JOHN WISE AVE

Borrower City

ESSEX

Borrower State

MA

Borrower Zip

01929-1059

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328000.00

Current Approval Amount

328700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89293

Servicing Lender Name

BankGloucester

Servicing Lender Address

160 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ESSEX

Project County Name

ESSEX

Project State

MA

Project Zip

01929-1059

CD

MA-06

Jobs Reported

31

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

328700.00

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

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

326212.76

Forgiveness Date

02/10/2021

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