# PPP loan: MGSINC
> **$207K** approved 03/24/2021 · Paid in Full · Loan `8416978609`
## Borrower
- **Name:** MGSINC
- **Address:** 550 N Geneva Rd, Orem, UT, 84057-3553
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $208K (100%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $207K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Capital Community Bank
- **Servicing:** Capital Community Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*