PPP Loan information for Mgs construction services inc

$158,800

Mgs construction services inc was initially approved for PPP Loan of amount $158,800, the current approved amount is $158,800. The loan was approved on 04/05/2020 by The Armstrong Bank reported 21 jobs and $158,800 was used to fund payroll.

Mgs construction services inc is Existing or more than 2 years old

PPP Loan Search / OK / SALLISAW / Mgs construction services inc

MGS CONSTRUCTION SERVICES INC

Date Approved

04/05/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

MGS CONSTRUCTION SERVICES INC

Borrower Address

310 east TAYLOR DR

Borrower City

SALLISAW

Borrower State

OK

Borrower Zip

74955-1927

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158800.00

Current Approval Amount

158800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59482

Servicing Lender Name

Armstrong Bank

Servicing Lender Address

1215 W Okmulgee St

Servicing Lender City

MUSKOGEE

Servicing Lender State

OK

Servicing Lender Zip

74401-6849

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALLISAW

Project County Name

SEQUOYAH

Project State

OK

Project Zip

74955-1927

CD

OK-02

Jobs Reported

21

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158800.00

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

59482

Originating Lender

Armstrong Bank

Originating Lender City

MUSKOGEE

Originating Lender State

OK

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

159835.46

Forgiveness Date

12/09/2020

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