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Mgh Auto LLC

$289,900 PPP Loan in Alma, Michigan

Loan Details

Loan Number
5673697010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$289,900
Current Approval
$289,900
Forgiveness Amount
$292,553
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mgh Auto LLC
Address
2280 W Monroe Rd
City
Alma
State
Michigan
ZIP Code
48801-9762
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$224,969
Rent
$34,000
Utilities
$5,159
Health Care
$25,772

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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