PPP borrower record

MG BEVERAGE SYSTEMS, INC PPP loan record

Public SBA PPP loan record for MG BEVERAGE SYSTEMS, INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$469,605
Approved amount
$473,156
Forgiven amount
2020-04-15
Date approved

Borrower and loan details

Borrower
MG BEVERAGE SYSTEMS, INC
Loan number
8741707105
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Statesville
Borrower state
North Carolina
Borrower ZIP
28625
Jobs reported
51
Loan status
Paid in Full
Forgiveness date
2021-01-25
Servicing lender
1st Constitution Bank
Originating lender
1st Constitution Bank

Reported use of proceeds

Payroll
$375,684
Rent
$90,521
Utilities
$3,400
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.