PPP Loan information for Burroughs diesel inc.

$819,821

Burroughs diesel inc. was initially approved for PPP Loan of amount $819,821, the current approved amount is $819,821. The loan was approved on 04/05/2020 by The The First Bank reported 67 jobs and $819,821 was used to fund payroll.

Burroughs diesel inc. is Existing or more than 2 years old

PPP Loan Search / MS / LAUREL / Burroughs diesel inc.

BURROUGHS DIESEL INC.

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

BURROUGHS DIESEL INC.

Borrower Address

3626 INDUSTRIAL BLVD

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39440-5839

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

819821.00

Current Approval Amount

819821.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39440-5839

CD

MS-04

Jobs Reported

67

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

614866.00

Mortgage Interest Proceed

204955.00

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

826994.43

Forgiveness Date

02/25/2021

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