# PPP loan: MGSI LLC
> **$235K** approved 04/27/2020 · Paid in Full · Loan `3562087209`
## Borrower
- **Name:** MGSI LLC
- **Address:** 2810 ST. ISABEL SUITE 201, TAMPA, FL, 33607-6375
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Rent:** $25K
- **Utilities:** $2K
- **Debt interest:** $4K
- **Jobs reported:** 22
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*