PPP Loan information for Burns and burns inc

$719,300

Burns and burns inc was initially approved for PPP Loan of amount $719,300, the current approved amount is $719,300. The loan was approved on 04/07/2020 by The Community Bank of Mississippi reported 154 jobs and $719,300 was used to fund payroll.

Burns and burns inc is Existing or more than 2 years old

BURNS AND BURNS INC

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

BURNS AND BURNS INC

Borrower Address

115 11TH AVE S

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39302-1842

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

719300.00

Current Approval Amount

719300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39302-1842

CD

MS-03

Jobs Reported

154

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

93244.73

Payroll Proceed

570809.26

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

55246.01

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

723280.78

Forgiveness Date

11/03/2020

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