PPP Loan information for Mg markets, inc.

$33,140

Mg markets, inc. was initially approved for PPP Loan of amount $33,140, the current approved amount is $33,140. The loan was approved on 04/14/2020 by The First Horizon Bank reported 6 jobs and $33,140 was used to fund payroll.

Mg markets, inc. is Existing or more than 2 years old

PPP Loan Search / TN / NEWPORT / Mg markets, inc.

MG MARKETS, INC.

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MG MARKETS, INC.

Borrower Address

1301 W HIGHWAY 25/70

Borrower City

NEWPORT

Borrower State

TN

Borrower Zip

37821-9021

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33140.00

Current Approval Amount

33140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

COCKE

Project State

TN

Project Zip

37821-9021

CD

TN-01

Jobs Reported

6

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2451.00

Payroll Proceed

27184.00

Mortgage Interest Proceed

0.00

Rent Proceed

1200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2305.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

33480.61

Forgiveness Date

05/04/2021

;