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Mg Sales and Service INC

$111,339 PPP Loan in Kermit, Texas

Loan Details

Loan Number
8991738505
Date Approved
Mar 10, 2021
Loan Status
Paid in Full
Initial Approval
$111,339
Current Approval
$111,339
Forgiveness Amount
$112,340
Forgiveness Date
Feb 10, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mg Sales and Service INC
Address
1215 S Hwy 18
City
Kermit
State
Texas
ZIP Code
79745
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (425120)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-23

Loan Use Breakdown

Payroll
$111,338
Utilities
$1

Lender Information

Servicing Lender
West Texas National Bank
Originating Lender
West Texas National Bank

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