Mg Auto Connection INC

$502,370 PPP Loan in Hayward, California

Loan Details

Loan Number
1199218605
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$502,370
Current Approval
$502,370
Forgiveness Amount
$506,305
Forgiveness Date
Jan 3, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mg Auto Connection INC
Address
25601 Mission Blvd
ZIP Code
94544-2526
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Mitsubishi Motors Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
CA-14

Loan Use Breakdown

Payroll
$502,366
Utilities
$1

Lender Information

Servicing Lender
Ally Bank
Originating Lender
Ally Bank

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