PPP Loan information for Mg group inc

$75,729

Mg group inc was initially approved for PPP Loan of amount $75,729, the current approved amount is $75,729. The loan was approved on 04/28/2020 by The Citizens Tri-County Bank reported 9 jobs and $75,729 was used to fund payroll.

Mg group inc is Existing or more than 2 years old

PPP Loan Search / TN / TULLAHOMA / Mg group inc

MG GROUP INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MG GROUP INC

Borrower Address

515 NW ATLANTIC ST

Borrower City

TULLAHOMA

Borrower State

TN

Borrower Zip

37388-3524

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75729.00

Current Approval Amount

75729.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66933

Servicing Lender Name

Citizens Tri-County Bank

Servicing Lender Address

15699 Rankin Ave

Servicing Lender City

DUNLAP

Servicing Lender State

TN

Servicing Lender Zip

37327-7018

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TULLAHOMA

Project County Name

COFFEE

Project State

TN

Project Zip

37388-3524

CD

TN-04

Jobs Reported

9

NAICS Code

541211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5679.68

Payroll Proceed

64369.65

Mortgage Interest Proceed

0.00

Rent Proceed

5679.67

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66933

Originating Lender

Citizens Tri-County Bank

Originating Lender City

DUNLAP

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76247.69

Forgiveness Date

01/07/2021

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