Date Approved
01/26/2021
SBA Office Code
0405
Processing Method
PPS
Borrower Name
MUGELE OF AMERICA INC
Borrower Address
1245 Palmour Pl
Borrower City
Gainesville
Borrower State
GA
Borrower Zip
30501-6802
Loan Status Date
01/07/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
289000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
2408
Servicing Lender Name
Regions Bank
Servicing Lender Address
1900 Fifth Avenue North
Servicing Lender City
BIRMINGHAM
Servicing Lender State
AL
Servicing Lender Zip
35203
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HALL
Project State
Project Zip
CD
GA-09
Jobs Reported
23
NAICS Code
493110
Race
American Indian or Alaska Native
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
288999.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
291438.68
Forgiveness Date
12/08/2021