# PPP loan: MGK INDUSTRIES INC
> **$351K** approved 04/27/2020 · Paid in Full · Loan `5262027210`
## Borrower
- **Name:** MGK INDUSTRIES INC
- **Address:** 240 S roland st, Pottstown, PA, 19464
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 26
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*