PPP Loan information for Carnes frames, inc

$838,300

Carnes frames, inc was initially approved for PPP Loan of amount $838,300, the current approved amount is $838,300. The loan was approved on 04/16/2020 by The First Choice Bank reported 131 jobs and $838,300 was used to fund payroll.

Carnes frames, inc is Existing or more than 2 years old

CARNES FRAMES, INC

Date Approved

04/16/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CARNES FRAMES, INC

Borrower Address

263 Brookwood Drive

Borrower City

PONTOTOC

Borrower State

MS

Borrower Zip

38863-1332

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

838300.00

Current Approval Amount

838300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39688

Servicing Lender Name

First Choice Bank

Servicing Lender Address

19 S Main St

Servicing Lender City

PONTOTOC

Servicing Lender State

MS

Servicing Lender Zip

38863-2821

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PONTOTOC

Project County Name

PONTOTOC

Project State

MS

Project Zip

38863-1332

CD

MS-01

Jobs Reported

131

NAICS Code

321999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

838300.00

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

39688

Originating Lender

First Choice Bank

Originating Lender City

PONTOTOC

Originating Lender State

MS

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

847032.29

Forgiveness Date

05/04/2021

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