As part of the Paycheck Protection Program MGAD 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.

MGAD LLC


Loan Amount	$924,985
BusinessName	MGAD LLC
Address	200 SOUTH TRYON STREET
City	CHARLOTTE
State	NC
Zip	28202
NAICSCode	541810
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	51
DateApproved	05/01/2020
Lender	Bank of America, National Association
CD	NC-12
BusinessName.clean	MGAD

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

MGC CONTRACTORS
MGC DIAGNOSTICS HOLDINGS
MGC ROOFING CONSTRUCTION
MGC SYSTEMS CORP
MGD ACQUISITION