Mgm Transformer Co.
$1,047,800 PPP Loan in Commerce, California
Loan Details
- Loan Number
- 2583737110
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,047,800
- Current Approval
- $1,047,800
- Forgiveness Amount
- $1,060,170
- Forgiveness Date
- Jun 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mgm Transformer Co.
- Address
- 5701 Smithway St
- City
- Commerce
- State
- California
- ZIP Code
- 90040-1507
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (335311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 77
- Estimated Revenue
- $20.2M
- Rural/Urban
- Urban
- Congressional District
- CA-42
Loan Use Breakdown
- Payroll
- $838,248
- Mortgage Interest
- $209,552
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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