# PPP loan: MGS MANUFACTURING INC.
> **$690K** approved 01/30/2021 · Paid in Full · Loan `9397668303`
## Borrower
- **Name:** MGS MANUFACTURING INC.
- **Address:** 122 Otis St, Rome, NY, 13441-4714
- **NAICS:** 333249
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $690K
- **Initial approval:** $690K
- **Forgiven:** $694K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $690K
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*