PPP Loan information for Mgcb inc

$48,100

Mgcb inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $48,100. The loan was approved on 04/14/2020 by The First Savings Bank reported 4 jobs and $48,100 was used to fund payroll.

Mgcb inc is New Business or 2 years or less

PPP Loan Search / NM / ALAMOGORDO / Mgcb inc

MGCB INC

Date Approved

04/14/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MGCB INC

Borrower Address

500 10TH ST ste 304

Borrower City

ALAMOGORDO

Borrower State

NM

Borrower Zip

88310-6776

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

48100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66442

Servicing Lender Name

First Savings Bank

Servicing Lender Address

201 N Third

Servicing Lender City

BERESFORD

Servicing Lender State

SD

Servicing Lender Zip

57004-1743

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ALAMOGORDO

Project County Name

OTERO

Project State

NM

Project Zip

88310-6776

CD

NM-02

Jobs Reported

4

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48100.00

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

66442

Originating Lender

First Savings Bank

Originating Lender City

BERESFORD

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48492.82

Forgiveness Date

02/16/2021

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