Mg Electric Inc.
$704,200 PPP Loan in Palmdale, California
Loan Details
- Loan Number
- 6528467107
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $704,200
- Current Approval
- $704,200
- Forgiveness Amount
- $712,168
- Forgiveness Date
- Jun 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mg Electric Inc.
- Address
- 39360 3rd Street East #201
- City
- Palmdale
- State
- California
- ZIP Code
- 93550
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (453998)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 65
- Estimated Revenue
- $10.1M
- Rural/Urban
- Urban
- Congressional District
- CA-27
Loan Use Breakdown
- Payroll
- $704,200
Lender Information
- Servicing Lender
- Customers Bank
- Originating Lender
- Readycap Lending, LLC
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