Mg Beverage Systems, INC
$469,605 PPP Loan in Statesville, North Carolina
Loan Details
- Loan Number
- 8741707105
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $469,605
- Current Approval
- $469,605
- Forgiveness Amount
- $473,156
- Forgiveness Date
- Jan 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mg Beverage Systems, INC
- Address
- 1404 Old Salisbury Rd
- City
- Statesville
- State
- North Carolina
- ZIP Code
- 28625-6244
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (424410)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 51
- Estimated Revenue
- $13.1M
- Rural/Urban
- Rural
- Congressional District
- NC-10
Loan Use Breakdown
- Payroll
- $375,684
- Rent
- $90,521
- Utilities
- $3,400
Lender Information
- Servicing Lender
- Provident Bank
- Originating Lender
- Provident Bank
Other PPP Loans in Statesville, NC
| Business | Approved | |
|---|---|---|
| Lake Norman Security Patrol, Inc. | $2,470,572 | |
| J.c. Steele & Sons, INC | $2,133,200 | |
| Chesapeake Containment Systems, Inc. | $1,687,400 | |
| Hospice of Iredell County, Inc. | $1,617,200 | |
| Accuma Corporation | $1,536,440 |
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