PPP Loan information for Mgn corporation

$20,000

Mgn corporation was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 04/09/2020 by The Legacy State Bank reported 4 jobs and $20,000 was used to fund payroll.

Mgn corporation is Existing or more than 2 years old

MGN CORPORATION

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MGN CORPORATION

Borrower Address

270 MAIN ST

Borrower City

LOGANVILLE

Borrower State

GA

Borrower Zip

30052-7368

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433859

Servicing Lender Name

Legacy State Bank

Servicing Lender Address

3825 Harrison Rd

Servicing Lender City

LOGANVILLE

Servicing Lender State

GA

Servicing Lender Zip

30052-2462

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOGANVILLE

Project County Name

WALTON

Project State

GA

Project Zip

30052-7368

CD

GA-10

Jobs Reported

4

NAICS Code

453220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

433859

Originating Lender

Legacy State Bank

Originating Lender City

LOGANVILLE

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15082.50

Forgiveness Date

10/30/2020

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