As part of the Paycheck Protection Program MG HOTEL SPE LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MG HOTEL SPE LLC


Loan Amount	$2,266,200
BusinessName	MG HOTEL SPE LLC
Address	214 W 39TH ST
City	NEW YORK
State	NY
Zip	10018
NAICSCode	721110
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	117
DateApproved	04/27/2020
Lender	Bank Leumi USA
CD	NY-10
BusinessName.clean	MG HOTEL SPE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MG JV
MG MAKO
MG MANAGEMENT GROUP
MG OIL COMPANY
MG RESTAURANTS