PPP Loan information for Beneficial exchange, inc

$17,400

Beneficial exchange, inc was initially approved for PPP Loan of amount $17,400, the current approved amount is $17,400. The loan was approved on 04/10/2020 by The First Choice Bank reported 3 jobs and $17,400 was used to fund payroll.

Beneficial exchange, inc is Existing or more than 2 years old

BENEFICIAL EXCHANGE, INC

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

BENEFICIAL EXCHANGE, INC

Borrower Address

266 W OXFORD ST

Borrower City

PONTOTOC

Borrower State

MS

Borrower Zip

38863-1918

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17400.00

Current Approval Amount

17400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39688

Servicing Lender Name

First Choice Bank

Servicing Lender Address

19 S Main St

Servicing Lender City

PONTOTOC

Servicing Lender State

MS

Servicing Lender Zip

38863-2821

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PONTOTOC

Project County Name

PONTOTOC

Project State

MS

Project Zip

38863-1918

CD

MS-01

Jobs Reported

3

NAICS Code

525990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17400.00

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

39688

Originating Lender

First Choice Bank

Originating Lender City

PONTOTOC

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

17507.78

Forgiveness Date

11/27/2020

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