MG ELECTRIC, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to MG ELECTRIC, INC. by Readycap Lending, LLC. The loan was approved on 4/14/2020 in the range of $350,000-1 million.

Business Information

Name:

MG ELECTRIC, INC.

39360 3RD STREET EAST #201
PALMDALE, CA 93550
Business type: Corporation
Miscellaneous Store Retailers
→ All Other Miscellaneous Store Retailers (except Tobacco Stores)
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 14, 2020
Lender Readycap Lending, LLC

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.