PPP Loan information for Cannon motor company, inc

$195,500

Cannon motor company, inc was initially approved for PPP Loan of amount $195,500, the current approved amount is $195,500. The loan was approved on 04/09/2020 by The Planters Bank & Trust Company reported 29 jobs and $195,500 was used to fund payroll.

Cannon motor company, inc is Existing or more than 2 years old

CANNON MOTOR COMPANY, INC

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CANNON MOTOR COMPANY, INC

Borrower Address

200 Veterans Ave

Borrower City

CALHOUN CITY

Borrower State

MS

Borrower Zip

38916-5508

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195500.00

Current Approval Amount

195500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39763

Servicing Lender Name

Planters Bank & Trust Company

Servicing Lender Address

212 Catchings Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

MS

Servicing Lender Zip

38751-2408

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CALHOUN CITY

Project County Name

CALHOUN

Project State

MS

Project Zip

38916-5508

CD

MS-01

Jobs Reported

29

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15609.00

Payroll Proceed

159891.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39763

Originating Lender

Planters Bank & Trust Company

Originating Lender City

INDIANOLA

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;