# PPP loan: MGL BUSINESS ENTERPRISES, LLC
> **$152K** approved 04/29/2020 · Charged Off · Loan `4234597302`
## Borrower
- **Name:** MGL BUSINESS ENTERPRISES, LLC
- **Address:** 3010 EUBANK BLVD NE, ALBUQUERQUE, NM, 87111-2604
- **NAICS:** 713950
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $137K (90%)
- **Forgiveness date:** 04/08/2021
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $152K
- **Jobs reported:** 40
## Lender
- **Originating:** Washington Federal Bank d/b/a WaFd Bank
- **Servicing:** Washington Federal Bank d/b/a WaFd Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*