PPP Loan information for Collins rapid lube, inc.

$71,400

Collins rapid lube, inc. was initially approved for PPP Loan of amount $71,400, the current approved amount is $71,400. The loan was approved on 04/08/2020 by The Citizens Bank reported 11 jobs and $71,400 was used to fund payroll.

Collins rapid lube, inc. is Existing or more than 2 years old

COLLINS RAPID LUBE, INC.

Date Approved

04/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

COLLINS RAPID LUBE, INC.

Borrower Address

3085 HIGHWAY 49

Borrower City

COLLINS

Borrower State

MS

Borrower Zip

39428-4505

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71400.00

Current Approval Amount

71400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39191

Servicing Lender Name

Citizens Bank

Servicing Lender Address

814 Main St

Servicing Lender City

COLUMBIA

Servicing Lender State

MS

Servicing Lender Zip

39429-2740

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLLINS

Project County Name

COVINGTON

Project State

MS

Project Zip

39428-4505

CD

MS-03

Jobs Reported

11

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3842.03

Payroll Proceed

65763.41

Mortgage Interest Proceed

1794.56

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

39191

Originating Lender

Citizens Bank

Originating Lender City

COLUMBIA

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71969.24

Forgiveness Date

02/03/2021

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