PPP Loan information for Managing general agents, inc

$717,466

Managing general agents, inc was initially approved for PPP Loan of amount $717,466, the current approved amount is $717,466. The loan was approved on 04/07/2020 by The Truist Bank reported 48 jobs and $717,466 was used to fund payroll.

Managing general agents, inc is Existing or more than 2 years old

MANAGING GENERAL AGENTS, INC

Date Approved

04/07/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

MANAGING GENERAL AGENTS, INC

Borrower Address

476 Rolling Ridge Drive. Suite 333

Borrower City

STATE COLLEGE

Borrower State

PA

Borrower Zip

16801-7639

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

717466.00

Current Approval Amount

717465.98

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STATE COLLEGE

Project County Name

CENTRE

Project State

PA

Project Zip

16801-7639

CD

PA-15

Jobs Reported

48

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

717465.98

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

724341.70

Forgiveness Date

04/05/2021

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