# PPP loan: MG CAPITAL MANAGEMENT L.P.
> **$244K** approved 04/28/2020 · Charged Off · Loan `6941907210`
## Borrower
- **Name:** MG CAPITAL MANAGEMENT L.P.
- **Address:** 405 Park Ave, New York, NY, 10022
- **NAICS:** 523999
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $301K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 17
## Lender
- **Originating:** Fulton Bank National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*