Mgc Ventures, LLC

$117,677 PPP Loan in Chevy Chase, Maryland

Loan Details

Loan Number
9246427101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$117,677
Current Approval
$117,677
Forgiveness Amount
$118,419
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mgc Ventures, LLC
Address
6708 Wisconsin Avenue Unit 301
ZIP Code
20815
Business Type
Corporation
Industry (NAICS)
Arts, Entertainment, and Recreation (713940)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$70,041
Rent
$18,196
Utilities
$1,770
Health Care
$24,012
Debt Interest
$3,658

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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