# PPP loan: MGQ & ASSOCIATES, INC.
> **$306K** approved 04/13/2020 · Exemption 4 · Loan `4863377102`
## Borrower
- **Name:** MGQ & ASSOCIATES, INC.
- **Address:** 1719 E COLUMBUS DRIVE, TAMPA, FL, 33605-3400
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $177K (58%)
- **Forgiveness date:** 07/22/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $306K
- **Jobs reported:** 33
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*