MGO Online Loan Application

Your loan application is subject to your plan’s written loan program. For example, if your plan requires proof of hardship, you will be required to provide documentation of your hardship prior to receiving loan proceeds.

IMPORTANT : If you are using a corporate terminal or a shared computer to apply for your loan, you may request our office forward information to your personal email address or mail information to your home address.

Do not disclose your social security number. Only supply the information requested.

There is a $100 fee for the loan note and amortization schedule. In addition, there is a $25 per year charge, (per the term of the loan). This will be automatically deducted from your account balance at the time your loan withdrawal occurs.

Please indicate in the form below how you would prefer the promissory note and amortization schedule sent to you (email, fax, etc.). Promissory note must be signed and returned before the loan can be processed.

LOAN DEFAULT NOTICE: By taking a loan against your account balance, you are entering into a payroll deduction agreement to repay your loan. Should you terminate employment with an outstanding loan balance, your loan may be subject to default.

Personal Information

*Name:
*Home Address:
*City:
*State:
*Zip Code:
*Daytime Phone Number:
FAX Number:
*Email Address:
*Last 4 digits of your SSN:

Plan and Loan Information

*Employer:
*Payroll Frequency:
*Amount Requested:
*Number of Years for Loan:
*Reason for Loan:
*Send Information Via:

*Required Fields

Please contact us at 216.771.4242 if you don't hear from our office within 2 business days of submitting your online application.

NOTE: To use, your plan must allow loans to participants and have opted for MGO's online feature. Check your plan's Summary Plan Description (SPD) if you are unsure.