# PPP loan: MGS CONTRACTING INC
> **$278K** approved 04/24/2021 · Paid in Full · Loan `1359908905`
## Borrower
- **Name:** MGS CONTRACTING INC
- **Address:** 1835 Savoy Dr, Atlanta, GA, 30341-1072
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $279K (100%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $278K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*