PPP Loan information for Bama subs, inc

$104,700

Bama subs, inc was initially approved for PPP Loan of amount $104,700, the current approved amount is $104,700. The loan was approved on 04/04/2020 by The Farmers and Merchants Bank reported 12 jobs and $104,700 was used to fund payroll.

Bama subs, inc is Existing or more than 2 years old

BAMA SUBS, INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

BAMA SUBS, INC

Borrower Address

PO BOX 4120

Borrower City

BOONEVILLE

Borrower State

MS

Borrower Zip

38829

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104700.00

Current Approval Amount

104700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39079

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

111 W Clayton St

Servicing Lender City

BALDWYN

Servicing Lender State

MS

Servicing Lender Zip

38824-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOONEVILLE

Project County Name

PRENTISS

Project State

MS

Project Zip

38829-0001

CD

MS-01

Jobs Reported

12

NAICS Code

722513

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

104700.00

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

Corporation

Originating Lender Location Id

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

105549.23

Forgiveness Date

01/28/2021

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