Mgc Industrial INC
$309,400 PPP Loan in El Monte, California
Loan Details
- Loan Number
- 5575897105
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $309,400
- Current Approval
- $309,400
- Forgiveness Amount
- $313,061
- Forgiveness Date
- Jun 22, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mgc Industrial INC
- Address
- 9537 Telstar Ave Ste 131
- City
- El Monte
- State
- California
- ZIP Code
- 91731-2907
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339999)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 31
- Estimated Revenue
- $8.7M
- Rural/Urban
- Urban
- Congressional District
- CA-31
Loan Use Breakdown
- Payroll
- $309,400
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
Other PPP Loans in El Monte, CA
| Business | Approved | |
|---|---|---|
| Driftwood Dairy, INC | $3,074,105 | |
| Marketon Inc., a Nevada Corporation | $1,585,652 | |
| Precision Coil Spring Company | $1,526,313 | |
| Precision Coil Spring Company | $1,526,310 | |
| Absolute Security International, Inc. | $1,518,262 |
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