PPP Loan information for Continental rails inc.

$380,333

Continental rails inc. was initially approved for PPP Loan of amount $380,333, the current approved amount is $380,333. The loan was approved on 03/16/2021 by The Community Bank of Mississippi reported 27 jobs and $380,333 was used to fund payroll.

Continental rails inc. is Existing or more than 2 years old

PPP Loan Search / MS / Hattiesburg / Continental rails inc.

CONTINENTAL RAILS INC.

Date Approved

03/16/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

CONTINENTAL RAILS INC.

Borrower Address

62 Chester Brown Rd

Borrower City

Hattiesburg

Borrower State

MS

Borrower Zip

39401-8857

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

380332.93

Current Approval Amount

380332.93

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hattiesburg

Project County Name

FORREST

Project State

MS

Project Zip

39401-8857

CD

MS-04

Jobs Reported

27

NAICS Code

237990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

380329.93

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

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

385376.25

Forgiveness Date

07/15/2022

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