# PPP loan: MGE MANAGEMENT, INC.
> **$216K** approved 04/16/2020 · Paid in Full · Loan `2561287203`
## Borrower
- **Name:** MGE MANAGEMENT, INC.
- **Address:** PO Box 5459, Santa Maria, CA, 93456
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $190K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Jobs reported:** 19
## Lender
- **Originating:** Community Bank of Santa Maria
- **Servicing:** Community Bank of Santa Maria (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*