PPP Loan information for Bmg corporation

$62,195

Bmg corporation was initially approved for PPP Loan of amount $62,195, the current approved amount is $62,195. The loan was approved on 06/05/2020 by The United Fidelity Bank, FSB reported 10 jobs and $62,195 was used to fund payroll.

Bmg corporation is Existing or more than 2 years old

BMG CORPORATION

Date Approved

06/05/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

BMG CORPORATION

Borrower Address

41E BARREN SPOT P.O. BOX 2182

Borrower City

KINGSHILL

Borrower State

VI

Borrower Zip

00851-2182

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62195.00

Current Approval Amount

62195.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82068

Servicing Lender Name

United Fidelity Bank, FSB

Servicing Lender Address

18 NW Fourth St

Servicing Lender City

Evansville

Servicing Lender State

IN

Servicing Lender Zip

47708-1778

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINGSHILL

Project County Name

SAINT CROIX

Project State

VI

Project Zip

00851-2182

CD

VI-

Jobs Reported

10

NAICS Code

812320

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

12439.00

Payroll Proceed

49756.00

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

82068

Originating Lender

United Fidelity Bank, FSB

Originating Lender City

Evansville

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62583.72

Forgiveness Date

01/20/2021

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