PPP Loan information for Mgl, inc.

$178,100

Mgl, inc. was initially approved for PPP Loan of amount $178,100, the current approved amount is $178,100. The loan was approved on 04/06/2020 by The SouthPoint Bank reported 17 jobs and $178,100 was used to fund payroll.

Mgl, inc. is Existing or more than 2 years old

PPP Loan Search / AL / CULLMAN / Mgl, inc.

MGL, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MGL, INC.

Borrower Address

1634 TOWN SQ Shopping Center SW

Borrower City

CULLMAN

Borrower State

AL

Borrower Zip

35055-5263

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178100.00

Current Approval Amount

178100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CULLMAN

Project County Name

CULLMAN

Project State

AL

Project Zip

35055-5263

CD

AL-04

Jobs Reported

17

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

178100.00

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

Subchapter S Corporation

Originating Lender Location Id

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

179129.02

Forgiveness Date

11/03/2020

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