PPP Loan information for City motor company of pearl, llc

$60,000

City motor company of pearl, llc was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/03/2020 by The Merchants & Planters Bank reported 11 jobs and $60,000 was used to fund payroll.

City motor company of pearl, llc is Existing or more than 2 years old

CITY MOTOR COMPANY OF PEARL, LLC

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CITY MOTOR COMPANY OF PEARL, LLC

Borrower Address

3850 ROBINSON ST

Borrower City

JACKSON

Borrower State

MS

Borrower Zip

39209-6615

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39721

Servicing Lender Name

Merchants & Planters Bank

Servicing Lender Address

308 Raymond Sq

Servicing Lender City

RAYMOND

Servicing Lender State

MS

Servicing Lender Zip

39154

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

HINDS

Project State

MS

Project Zip

39209-6615

CD

MS-02

Jobs Reported

11

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60000.00

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

Subchapter S Corporation

Originating Lender Location Id

39721

Originating Lender

Merchants & Planters Bank

Originating Lender City

RAYMOND

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

60448.33

Forgiveness Date

01/08/2021

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