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Mg Markets, Inc.

$33,140 PPP Loan in Newport, Tennessee

Loan Details

Loan Number
6881077109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$33,140
Current Approval
$33,140
Forgiveness Amount
$33,481
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mg Markets, Inc.
Address
1301 W Highway 25/70
City
Newport
State
Tennessee
ZIP Code
37821-9021
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TN-01

Loan Use Breakdown

Payroll
$27,184
Rent
$1,200
Utilities
$2,451
Health Care
$2,305

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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