Mgl, Inc.

$178,100 PPP Loan in Cullman, Alabama

Loan Details

Loan Number
6099177006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$178,100
Current Approval
$178,100
Forgiveness Amount
$179,129
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mgl, Inc.
Address
1634 Town Sq Shopping Center SW
State
Alabama
ZIP Code
35055-5263
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237110)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$178,100

Lender Information

Servicing Lender
Southpoint Bank
Originating Lender
Merchants Bank of Alabama, a Division of Southpoint Bank

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