Mcg Electronics INC

$140,000 PPP Loan in Deer Park, New York

Loan Details

Loan Number
1273057205
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$140,000
Current Approval
$140,000
Forgiveness Amount
$141,221
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcg Electronics INC
Address
12 Burt Drive
ZIP Code
11729
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$140,000

Lender Information

Servicing Lender
Citibank, N.a.
Originating Lender
Citibank, N.a.

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