PPP Loan information for Mg hospitality met ii inc

$2,000,000

Mg hospitality met ii inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/25/2021 by The City National Bank of Florida reported 225 jobs and $2,000,000 was used to fund payroll.

Mg hospitality met ii inc is Existing or more than 2 years old

MG HOSPITALITY MET II INC

Date Approved

01/25/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

MG HOSPITALITY MET II INC

Borrower Address

9090 S Dadeland Blvd

Borrower City

Miami

Borrower State

FL

Borrower Zip

33156-7820

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Miami

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33156-7820

CD

FL-27

Jobs Reported

225

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1999998.00

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

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

633926.52

Forgiveness Date

04/18/2022

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