PPP Loan information for Community development inc.

$551,097

Community development inc. was initially approved for PPP Loan of amount $551,097, the current approved amount is $551,097. The loan was approved on 05/18/2021 by The Community Bank of Mississippi reported 144 jobs and $551,097 was used to fund payroll.

Community development inc. is Existing or more than 2 years old

PPP Loan Search / MS / Richton / Community development inc.

COMMUNITY DEVELOPMENT INC.

Date Approved

05/18/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

COMMUNITY DEVELOPMENT INC.

Borrower Address

109A Elm Ave

Borrower City

Richton

Borrower State

MS

Borrower Zip

39476-9042

Loan Status Date

11/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

551096.78

Current Approval Amount

551096.78

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richton

Project County Name

PERRY

Project State

MS

Project Zip

39476-9042

CD

MS-04

Jobs Reported

144

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

551091.78

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

Non-Profit Organization

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

558691.35

Forgiveness Date

10/06/2022

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