# PPP loan: MGL PARTNERS INC
> **$867K** approved 04/07/2020 · Paid in Full · Loan `7523727010`
## Borrower
- **Name:** MGL PARTNERS INC
- **Address:** 2220 US HIGHWAY 70 Suite 220, HICKORY, NC, 28602-5192
- **NAICS:** 442110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $867K
- **Initial approval:** $636K
- **Forgiven:** $873K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $867K
- **Jobs reported:** 125
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*