PPP Loan information for M & g electrical contracting services, inc.

$53,560

M & g electrical contracting services, inc. was initially approved for PPP Loan of amount $53,560, the current approved amount is $53,560. The loan was approved on 04/28/2020 by The American Partners FCU reported 10 jobs and $53,560 was used to fund payroll.

M & g electrical contracting services, inc. is Existing or more than 2 years old

M & G ELECTRICAL CONTRACTING SERVICES, INC.

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

53560.00

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

REIDSVILLE

Servicing Lender State

NC

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

REIDSVILLE

Project County Name

ROCKINGHAM

Project State

NC

Project Zip

27320-8351

CD

NC-06

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53560.00

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

109694

Originating Lender

American Partners FCU

Originating Lender City

REIDSVILLE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53841.19

Forgiveness Date

11/12/2020

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