PPP Loan information for Community development inc

$547,000

Community development inc was initially approved for PPP Loan of amount $547,000, the current approved amount is $547,000. The loan was approved on 04/27/2020 by The Community Bank of Mississippi reported 140 jobs and $547,000 was used to fund payroll.

Community development inc is Existing or more than 2 years old

COMMUNITY DEVELOPMENT INC

Date Approved

04/27/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

COMMUNITY DEVELOPMENT INC

Borrower Address

200 N FRONT ST

Borrower City

RICHTON

Borrower State

MS

Borrower Zip

39476-2201

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

547000.00

Current Approval Amount

547000.00

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

39476-2201

CD

MS-04

Jobs Reported

140

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

46200.00

Payroll Proceed

490200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10600.00

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

556666.16

Forgiveness Date

02/09/2022

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