PPP Loan information for Mgc corporation

$1,926

Mgc corporation was initially approved for PPP Loan of amount $1,025, the current approved amount is $1,926. The loan was approved on 05/11/2020 by The Bank of America, National Association reported 2 jobs and $1,926 was used to fund payroll.

Mgc corporation is Existing or more than 2 years old

MGC CORPORATION

Date Approved

05/11/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MGC CORPORATION

Borrower Address

117 BEACH FIELD DR

Borrower City

DAUFUSKIE ISLAND

Borrower State

SC

Borrower Zip

29915-9261

Loan Status Date

04/18/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1025.00

Current Approval Amount

1926.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAUFUSKIE ISLAND

Project County Name

BEAUFORT

Project State

SC

Project Zip

29915-9261

CD

SC-01

Jobs Reported

2

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1926.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1949.75

Forgiveness Date

02/07/2023

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