Mg Electric Inc.
$687,700 PPP Loan in Palmdale, California
Loan Details
- Loan Number
- 9135708509
- Date Approved
- Mar 12, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $687,700
- Current Approval
- $687,700
- Forgiveness Amount
- $692,712
- Forgiveness Date
- Dec 15, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Mg Electric Inc.
- Address
- 39360 3rd St E # 201 39360 3rd St E 201
- City
- Palmdale
- State
- California
- ZIP Code
- 93550-3255
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 65
- Estimated Revenue
- $21.4M
- Rural/Urban
- Urban
- Congressional District
- CA-27
Loan Use Breakdown
- Payroll
- $687,698
- Utilities
- $1
Lender Information
- Servicing Lender
- Readycap Lending, LLC
- Originating Lender
- Readycap Lending, LLC
Other PPP Loans in Palmdale, CA
| Business | Approved | |
|---|---|---|
| Rally Auto Group, Inc. | $1,735,300 |  AI Deep Dive |
| U.s. Pole Company, Inc. | $1,526,900 | AI Deep Dive |
| US Pole Company INC Employee Stock Ownership Trust | $1,386,955 | AI Deep Dive |
| Antelope Valley Nissan Inc. | $1,386,482 | AI Deep Dive |
| Laddaran Management Corp. | $1,382,100 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free