PPP Loan information for Mtg ventures, llc

$40,300

Mtg ventures, llc was initially approved for PPP Loan of amount $19,500, the current approved amount is $40,300. The loan was approved on 04/05/2020 by The BankNewport reported 3 jobs and $40,300 was used to fund payroll.

Mtg ventures, llc is Existing or more than 2 years old

MTG VENTURES, LLC

Date Approved

04/05/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

MTG VENTURES, LLC

Borrower Address

270 Bellevue Avenue

Borrower City

NEWPORT

Borrower State

RI

Borrower Zip

02840-3516

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19500.00

Current Approval Amount

40300.00

Undisbursed Amount

0.00

Franchise Name

The UPS Store  (f/k/a Mail Box Etc dba The UPS Store)

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-3516

CD

RI-01

Jobs Reported

3

NAICS Code

561431

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40300.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40669.88

Forgiveness Date

04/02/2021

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