# PPP loan: MG CONCEPTS (DE) LLC
> **$290K** approved 04/27/2020 · Paid in Full · Loan `4307047205`
## Borrower
- **Name:** MG CONCEPTS (DE) LLC
- **Address:** 185 Dixon Avenue, Amityville, NY, 11701
- **NAICS:** 321918
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $293K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Jobs reported:** 12
## Lender
- **Originating:** Investors Bank, A Division of Citizens Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*