PPP Loan information for Bowers auto, inc

$98,600

Bowers auto, inc was initially approved for PPP Loan of amount $98,600, the current approved amount is $98,600. The loan was approved on 04/06/2020 by The The Citizens National Bank of Meridian reported 12 jobs and $98,600 was used to fund payroll.

Bowers auto, inc is Existing or more than 2 years old

BOWERS AUTO, INC

Date Approved

04/06/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

BOWERS AUTO, INC

Borrower Address

FRONT STREET EXT

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39301-4400

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98600.00

Current Approval Amount

98600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39301-4400

CD

MS-03

Jobs Reported

12

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12325.00

Payroll Proceed

73950.00

Mortgage Interest Proceed

12325.00

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

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99402.49

Forgiveness Date

01/27/2021

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