PPP Loan information for Carmel corporation

$112,500

Carmel corporation was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/09/2020 by The Cadence Bank reported 13 jobs and $112,500 was used to fund payroll.

Carmel corporation is Existing or more than 2 years old

CARMEL CORPORATION

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CARMEL CORPORATION

Borrower Address

6231 HIGHWAY 45 ALT S

Borrower City

WEST POINT

Borrower State

MS

Borrower Zip

39773-9431

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST POINT

Project County Name

CLAY

Project State

MS

Project Zip

39773-9431

CD

MS-01

Jobs Reported

13

NAICS Code

444130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

112500.00

Mortgage Interest Proceed

0.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

113650.00

Forgiveness Date

05/20/2021

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