# PPP loan: MGE MANAGEMENT GROUP INC.
> **$302K** approved 03/18/2021 · Paid in Full · Loan `4297758600`
## Borrower
- **Name:** MGE MANAGEMENT GROUP INC.
- **Address:** 719 S McClelland St, Santa Maria, CA, 93454-5122
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 06/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $302K
- **Jobs reported:** 18
## Lender
- **Originating:** Community Bank of Santa Maria
- **Servicing:** Community Bank of Santa Maria (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*