PPP Loan information for Mgc investments llc

$37,500

Mgc investments llc was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 04/29/2020 by The Cadence Bank reported 5 jobs and $37,500 was used to fund payroll.

Mgc investments llc is Existing or more than 2 years old

PPP Loan Search / MS / COLUMBUS / Mgc investments llc

MGC INVESTMENTS LLC

Date Approved

04/29/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MGC INVESTMENTS LLC

Borrower Address

449 HIGHWAY 12 EAST

Borrower City

COLUMBUS

Borrower State

MS

Borrower Zip

39702-9626

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBUS

Project County Name

LOWNDES

Project State

MS

Project Zip

39702-9626

CD

MS-01

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

37922.92

Forgiveness Date

06/22/2021

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