Mg Battery Electric Corp

$65,562 PPP Loan in Rowlett, Texas

Loan Details

Loan Number
3890957307
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$65,562
Current Approval
$65,562
Forgiveness Amount
$66,221
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mg Battery Electric Corp
Address
9113 Briarcrest Dr
State
Texas
ZIP Code
75089
Business Type
Non-Profit Organization
Industry (NAICS)
Manufacturing (334419)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
TX-05

Loan Use Breakdown

Payroll
$65,562

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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