Date Approved
04/28/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
M & G ELECTRICAL CONTRACTING SERVICES, INC.
Borrower Address
1035 Grooms Road
Borrower City
REIDSVILLE
Borrower State
NC
Borrower Zip
27320-8351
Loan Status Date
03/30/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
53560.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
109694
Servicing Lender Name
American Partners FCU
Servicing Lender Address
618 N Scales St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
27320-2941
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ROCKINGHAM
Project State
Project Zip
CD
NC-06
Jobs Reported
10
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
53841.19
Forgiveness Date
11/12/2020