Mg Petroleum INC

$87,797 PPP Loan in Rancho Cucamonga, California

Loan Details

Loan Number
5427048309
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$87,797
Current Approval
$87,797
Forgiveness Amount
$88,635
Forgiveness Date
Jan 11, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mg Petroleum INC
Address
10075 Arrow Rte
ZIP Code
91730-4111
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
Franchise
Busch Distributors Inc, (phillips - 66 Company) Contract of Sale (branded)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.4M
Rural/Urban
Urban
Congressional District
CA-35

Loan Use Breakdown

Payroll
$87,795
Utilities
$1

Lender Information

Servicing Lender
Southwestern National Bank
Originating Lender
Southwestern National Bank

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