# PPP loan: MG CAPITAL MAINTENANCE, INC.
> **$1.30M** approved 04/12/2020 · Paid in Full · Loan `3905657108`
## Borrower
- **Name:** MG CAPITAL MAINTENANCE, INC.
- **Address:** 110 Pheasant Wood Ct., MORRISVILLE, NC, 27560-0290
- **NAICS:** 561720
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.30M
- **Jobs reported:** 272
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*