PPP Loan information for Cannon motors 2, inc

$236,700

Cannon motors 2, inc was initially approved for PPP Loan of amount $236,700, the current approved amount is $236,700. The loan was approved on 04/09/2020 by The Planters Bank & Trust Company reported 26 jobs and $236,700 was used to fund payroll.

Cannon motors 2, inc is Existing or more than 2 years old

PPP Loan Search / MS / OXFORD / Cannon motors 2, inc

CANNON MOTORS 2, INC

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CANNON MOTORS 2, INC

Borrower Address

479 Hwy 6 West

Borrower City

OXFORD

Borrower State

MS

Borrower Zip

38655-9073

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236700.00

Current Approval Amount

236700.00

Undisbursed Amount

0.00

Franchise Name

Nissan North America, Inc. - Dealer Sales and Service Agreement

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

LAFAYETTE

Project State

MS

Project Zip

38655-9073

CD

MS-01

Jobs Reported

26

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13620.00

Payroll Proceed

177525.00

Mortgage Interest Proceed

0.00

Rent Proceed

45555.00

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

238198.02

Forgiveness Date

12/07/2020

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