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
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

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