PPP Loan information for Mrgs corporation

$121,900

Mrgs corporation was initially approved for PPP Loan of amount $121,900, the current approved amount is $121,900. The loan was approved on 04/28/2020 by The Cadence Bank reported 16 jobs and $121,900 was used to fund payroll.

Mrgs corporation is Existing or more than 2 years old

MRGS CORPORATION

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MRGS CORPORATION

Borrower Address

1625 COUNTY LINE RD

Borrower City

JACKSON

Borrower State

MS

Borrower Zip

39211

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121900.00

Current Approval Amount

121900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

HINDS

Project State

MS

Project Zip

39211-1601

CD

MS-02

Jobs Reported

16

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

121900.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112618.03

Forgiveness Date

12/21/2020

;