PPP Loan information for Area wholesale motors

$25,075

Area wholesale motors was initially approved for PPP Loan of amount $25,075, the current approved amount is $25,075. The loan was approved on 04/13/2020 by The The Peoples Bank reported 6 jobs and $25,075 was used to fund payroll.

Area wholesale motors is Existing or more than 2 years old

AREA WHOLESALE MOTORS

Date Approved

04/13/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

AREA WHOLESALE MOTORS

Borrower Address

19294 PINECREST RD

Borrower City

SAUCIER

Borrower State

MS

Borrower Zip

39574-9468

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25075.00

Current Approval Amount

25075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39155

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

152 Lameuse St

Servicing Lender City

BILOXI

Servicing Lender State

MS

Servicing Lender Zip

39530-4214

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUCIER

Project County Name

HARRISON

Project State

MS

Project Zip

39574-9468

CD

MS-04

Jobs Reported

6

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25075.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

39155

Originating Lender

The Peoples Bank

Originating Lender City

BILOXI

Originating Lender State

MS

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

19188.39

Forgiveness Date

11/23/2020

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